Internal Control Procedures for Cash Receipts Require

question 96

Multiple Choice

Internal control procedures for cash receipts require

• A) Separation of custody of cash receipts from their recordkeeping
• B) In-store cash sales be recorded on a cash register at the time of each sale
• C) All cheques to be numbered in sequence
• D) Separation of custody of cash receipts from its recordkeeping and in-store cash sales be recorded on a cash register at the time of each sale
• E) All of the above

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Definitions:

Carl Cohen

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Possess Rights

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