As Part of the Procedure to Properly Control Cash Payments

question 58

Multiple Choice

As part of the procedure to properly control cash payments received in the mail, after the mailroom employee opens the cash receipts, the remittance advices go to the:

• A)Controller.
• B)accounting department.
• C)Treasurer.
• D)bank.

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Definitions:

Modesty

A behavior or attitude that shows a moderate or low view of one's importance, often reflecting humility or a lack of boastfulness.

Low in Power

Referring to individuals or groups who hold minimal control or authority within a social hierarchy or organizational context.

Laugh

A vocal expression of amusement, joy, or derision, characterized by rhythmic, often audible contractions of the diaphragm and other parts of the respiratory system.

Strategy

A comprehensive plan or set of guidelines designed to achieve a particular goal or overcome a challenge, often considering long-term objectives and resources.