The Prelisting of Cash Receipts Should Be Prepared by the Individual

question 6

True/False

The prelisting of cash receipts should be prepared by the individual who has primary responsibility for the recording of cash receipts.

---

Definitions:

Materially Alter

To make significant changes to the substance or terms of an agreement or document that affect its essential elements.

Grumbling Acceptance

Accepting something reluctantly with complaints or discontent.

Communicated Acceptance

the process whereby the acceptance of an offer is relayed back to the offeror, finalizing the agreement.

Understood Terms

refers to the implicit or explicit conditions agreed upon by all parties in a contract.