Which one of the following is not necessarily a party to a check? Buyer Payee Payer Maker Controls that enhance the accuracy and reliability of the accounting records are external controls. automated controls. physical controls. mechanical and electronic controls. Bank errors are corrected by making an adjusting entry on the depositor's books. O must be corrected by debits. occur because of time lags. are infrequent in occurrence. Cash equivalents could include each of the following except U.S. Treasury bills. Money market funds. Petty cash. Bank certificates of deposit. An application of good internal control over cash disbursements is each check should be compared with the approved invoice after the check is issued. check signers should record the cash disbursements. following payment, the approved invoice should be stamped PAID. blank checks should be stored in the treasurer's desk. Which one of the following is not necessarily a party to a check? Buyer Payee Payer Maker