Question
When controlling cash the preventative controls include? A. Allowing everyone access to the cash register to prevent the supervisor from having to balance the register
When controlling cash the preventative controls include?
A. Allowing everyone access to the cash register to prevent the supervisor from having to balance the register at the end of the day
B. Having 2 different people responsible for taking in cash and depositing it in the bank
C. The audit of the register tapes the next day
D. Verifying deposit tickets to monthly bank statements
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Managerial accounting
Authors: ramji balakrishnan, k. s i varamakrishnan, Geoffrey b. sprin
1st edition
471467855, 978-0471467854
