When Processing and Recording Cash Disbursements,it Is Important to Have

question 4

Multiple Choice

When processing and recording cash disbursements,it is important to have a method of cancelling the supporting documents to prevent their reuse as support for another cheque at a later time.A common method is to

• A)shred the documents so they can't be reused.
• B)transfer possession of the documents to a bank vault such as a safety deposit box.
• C)move the documents to a permanent off-site facility such as a warehouse.
• D)write the cheque number and payment date on the supporting documents.

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