Which of the Following Is a Key Element of Internal

question 118

Multiple Choice

Which of the following is a key element of internal control over cash receipts?

• A) Making all payments by check
• B) Authorize and sign checks only after approval
• C) Reconcile the bank account
• D) Immediate counting of cash in the cash register when a new cashier begins working

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Definitions:

Organic Product

A compound or substance that is the result of an organic chemical reaction.