The Best Reason for Separating the Cash-Receiving Function from the Related

question 142

Multiple Choice

The best reason for separating the cash-receiving function from the related record-keeping function is to:

• A) Segregate cash payments from cash receipts.
• B) Provide accountability for cash received.
• C) Minimize misappropriations in cash receipts.
• D) Improve physical security over the cash-receiving function.