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True or false? No explanation requried just true or false answers, thanks. Good internal accounting control requires that the person handling cash should also make

True or false? No explanation requried just true or false answers, thanks.

Good internal accounting control requires that the person handling cash should also make any related journal entries so that responsibility for cash can be assigned to one person.

True

False

At the end of an accounting period, the cash balance per bank statement on that date is usually the proper cash amount to show on the balance sheet.

True

False

Good internal accounting control over cash includes depositing all cash receipts in the bank each day.

True

False

Journal entries are required for all adjustments to the cash balance per bank statement in a bank reconciliation.

True

False

Disbursements from a petty cash fund should be made with checks that are prenumbered.

True

False

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