Which of the Following Is not a Universal Rule for Achieving

question 69

Multiple Choice

Which of the following is not a universal rule for achieving internal control over cash?

• A)Separate recordkeeping from accounting for cash to the extent possible.
• B)Deposit each day's cash receipts intact.
• C)Separate cash handling from recordkeeping.
• D)Have monthly bank reconciliations prepared by employees not responsible for the issuance of checks.

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