Sound Internal Control Dictates That Immediately Upon Receiving Checks from Customers

question 1

Multiple Choice

Sound internal control dictates that immediately upon receiving checks from customers by mail,a responsible employee should

• A)Add the checks to the daily cash summary.
• B)Verify that each check is supported by a pre-numbered sales invoice.
• C)Prepare a summary listing of checks received.
• D)Record the checks in the cash receipts journal.

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