Internal Control Procedures for Cash Receipts Do Not Require That

question 27

Multiple Choice

Internal control procedures for cash receipts do not require that:

• A)Custody over cash is kept separate from its recordkeeping.
• B)All collections for sales are received immediately upon making the sales.
• C)Clerks having access to cash in a cash register should not have access to the register tape or file.
• D)An employee with no access to cash receipts should compare the total cash recorded by the register with the record of cash receipts reported by the cashier.
• E)Cash sales should be recorded on a cash register at the time of each sale.

---

Definitions:

Coalescence Phase

A stage in social movements where groups merge together, becoming more organized in their activities and clearer in their goals.

Coalesce

The process of coming together to form one mass or whole, often used to describe the unification of elements, ideas, or groups.

Bureaucratization

The process by which organizations become administered by departments staffed with non-elected officials, typically following strict rules and regulations.

Environmental Rights Movement

A social movement aimed at protecting the environment and advocating for the legal rights of nature.