Which of the Following Procedures Would Weaken Control Over Cash

question 66

Multiple Choice

Which of the following procedures would weaken control over cash receipts that arrive through the mail?

• A)After the mail is opened,a list (in triplicate)of the money received is prepared with a record of the sender's name,the amount,and an explanation of why the money is sent.
• B)The bank reconciliation is prepared by a person who does not handle cash or record cash receipts.
• C)For safety,only one person should open the mail,and that person should immediately deposit the cash received in the bank.
• D)The cashier deposits the money in the bank and the recordkeeper records the amounts received in the accounting records.
• E)The employees handling the cash receipts are bonded.

---

Definitions:

Employment-At-Will Doctrine

A legal principle that employment is for an indefinite period and may be terminated by either the employer or the employee without cause.

Public Policy

Government policies and regulations that aim to address public issues by establishing laws, actions, and funding priorities.

Wrongful Discharge

The unjust termination of employment, breaching contract terms or violating employment legislation.

Wrongful Discharge

The illegal termination of an employee in violation of the law or an employment contract.