An Application of Good Internal Control Over Cash Disbursements Is

question 103

Multiple Choice

An application of good internal control over cash disbursements is

• A)following payment, the approved invoice should be stamped PAID.
• B)blank checks should be stored in the treasurer's desk.
• C)each check should be compared with the approved invoice after the check is issued.
• D)check signers should record the cash disbursements.

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Definitions:

Richest Mode

The communication method that conveys the most information, including verbal and nonverbal cues, to facilitate understanding.

Communication

The process of exchanging information, ideas, or feelings between individuals or groups, often through speaking, writing, or using some other medium.

Specify the Age

To clearly state or identify the number of years someone or something has existed.

Active Voice

A sentence construction where the subject performs the action of the verb directly, leading to clearer and more concise communication.