For the Most Effective Internal Control, Monthly Bank Statements Should

question 14

Multiple Choice

For the most effective internal control, monthly bank statements should be received directly from the banks and reviewed by the

• A) Controller.
• B) Cash receipts accountant.
• C) Cash disbursement accountant.
• D) Internal auditor.

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Definitions:

Staphylococcus

A genus of gram-positive bacteria, often found on the skin and in the noses of people, which can cause a wide range of infections.

Impetigo Contagiosa

A highly contagious skin infection caused by bacteria, leading to red sores that can rupture and form honey-colored crusts.

Pigmented Spots

Marks on the skin that contain more melanin than surrounding areas, which can be benign or indicative of a condition.

Atrophic White Scars

Thin, white, and typically less elastic areas of skin that have undergone atrophy, indicating healed wounds or lesions.