Which Control Plan for the Cash Receipts Function Has as Its

question 8

Multiple Choice

Which control plan for the cash receipts function has as its primary control goal to ensure security of resources?

• A) reconcile bank account regularly.
• B) enter cash receipts close to where cash is received.
• C) immediately endorse incoming checks.
• D) one-to-one checking of deposit slips and checks.

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Definitions:

Introverted

A personality trait characterized by a focus on internal feelings rather than external sources of stimulation.

Personality

The combination of characteristics or qualities that form an individual's distinctive character.

Judge

An official appointed to decide cases in a court of law.

Understand

The ability to grasp the meaning, significance, or nature of something, including concepts, situations, or behaviors.