the use of internal controls

Internal control policies and procedures are the same for all companies. True False Cash includes currency, coins, and the deposits in most checking accounts. True False A voucher system establishes procedures for verifying, approving, and recording obligations for eventual cash disbursement True False All disbursements from petty cash should be documented by a petty cash receipt. True False The main principles of internal control include which of the following: Establish responsibilities Maintain minimal records. Use only computerized systems Bond all employees Require automated sales systems. Cash equivalents: Include savings accounts. Include checking accounts. Are short-term investments sufficiently dose to their maturity date that their value is not sensitive to interest rate changes Include time deposits Have no immediate value. At the end of the day. the cash register's record shows $1 250 but the count of cash in the cash sales for the day is: Given the following information: What is the amount that needs to be reimbursed? $365.27 $289.06 $373.79 $289.00 $450.00