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Which one of the following statements is true? Oa. Good cash management practice dictates that large cash balances should be maintained. Ob. The person handling

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Which one of the following statements is true? Oa. Good cash management practice dictates that large cash balances should be maintained. Ob. The person handling cash should also prepare the bank reconciliation Oc. Sound internal control practice dictates that disbursements should be made by check. Od Petty cash can be substituted for a checking account to expedite the payment of all disbursements

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