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Which of the following is/are true? Multiple Choice The primary goal of Internal controls for cash payments is to ensure that the business pays all
Which of the following is/are true? Multiple Choice The primary goal of Internal controls for cash payments is to ensure that the business pays all transactions. The primary Internal control goal for cash receipts is to ensure that the business receives the appropriate amount of cash and safely deposits it in the bank. Cash poses a low risk of theft. The operating cycle is a series of activities that a company undertakes to generate returns and ultimately, revenues
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