Which of the following economic events would not be recorded in the cash receipt s journal? a. Cash sales of merchandise b. Collection of accounts receivable. c. Cash from sale of land. d. Cash purchases of merchandise. Which of the following is not a special journal? Sales journal b. Purchases journal c. General journal d. Cash receipts journal The amount of income taxes withheld from employees is dependent on each of the following except the a. employees gross earnings b. employee's net pay c. length of the pay period d. number of allowances claimed by the employee Internal controls are not designed to safeguard assets from a. natural disasters. b. employee theft c. robbery d. unauthorized use. Each of the following is an attribute of internal control except a. segregation of duties. b. establishment of responsibility c. independent internal verification. d. a sound marketing plan. From an internal control standpoint, the asset most susceptible to improper diversion and use is a. prepaid insurance b. cash c. buildings d. land. Reconciling the bank statement monthly is an example of. A. segregation of duties. b. independent interval verification. c. establishment of responsibility. d. documentation procedures