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Which of the following is not a suggested procedure to establish internal control over cash disbursements? The bank statement is reconciled monthly. Anyone can sign
Which of the following is not a suggested procedure to establish internal control over cash disbursements?
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| The bank statement is reconciled monthly. |
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| Anyone can sign the checks. |
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| Blank checks are stored with limited access. |
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| Different individuals approve and make the payments. |
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Audit Committee Formation In The Aftermath Of 2007 2009 Global Financial Crisis Structure And Roles Volume 1 Financial Accounting And Auditing Collection
Authors: Zabihollah Rezaee
1st Edition
1631571567, 978-1631571565
