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When Jones Co. receives cash receipts through the mail, which of the following procedures would weaken control over cash receipts? Multiple Choice After the mall
When Jones Co. receives cash receipts through the mail, which of the following procedures would weaken control over cash receipts? Multiple Choice After the mall is opened, a list (in triplicate) of the money received is prepared with a record of the sender's name, the amount, and an explanation of why the The bank reconciliation is prepared by a person who does not handle cash or record cash receipts. For salety.my For safety, only one person should open the mail, and that person should immediately deposit the cash received in the bank Oo oo The cashier deposits the money in the bank and the recordkeeper records the amounts received in the accounting records. The employees handling the cash receipts are bonded
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