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Which of the following is an accurate statement relating to separation of duties for cash? The person recording cash in the books and records should
Which of the following is an accurate statement relating to separation of duties for cash?
The person recording cash in the books and records should not have access to cash.
A person who reconciles cash should not perform the bank reconciliation
All disagreements on the monthly statements should be directed to a designated person who has no responsibility for handling cash or recording sales or accounts receivable.
All of the above are accurate statements.
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