Upon Receipt of Customers' Checks in the Mailroom,a Responsible Employee

question 13

Multiple Choice

Upon receipt of customers' checks in the mailroom,a responsible employee should prepare a listing of remittances that is forwarded to the cashier.A copy of the listing should be sent to the

• A) internal auditor to investigate the listing for unusual transactions.
• B) treasurer to compare the listing with the monthly bank statement.
• C) accounts receivable bookkeeper to update the subsidiary accounts receivable records.
• D) entity's bank to compare the listing with the cashier's deposit slip.

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Definitions:

Adolescence

A transitional stage of physical and psychological development that generally occurs during the period from puberty to legal adulthood.

Discrimination

Unjust prejudicial treatment of different categories of people, especially on the grounds of race, age, sex, or disability.

Ethnic Culture

The shared customs, traditions, values, beliefs, and identity within a group of people who identify with each other based on common ancestral, social, cultural, or national experiences.

Majority Group

The part of a population that makes up more than half of its entirety, often holding dominant social, cultural, or political power within a community or society.