In a Revenue Cycle with Proper Controls,the ________ Who Reports

question 69

Multiple Choice

In a revenue cycle with proper controls,the ________ who reports to the ________,is not involved in any cash handling activities.

• A)accounts receivable clerk;treasurer
• B)accounts receivable clerk;controller
• C)cashier;controller
• D)cashier;treasurer

---

Definitions:

Financial Data

Information related to monetary transactions, accounts, and other financial metrics of an individual or organization.

Quantity of Sales

The total number of units of product or service sold within a specific period.

Financial Data

Information related to monetary transactions, financial status, and performance of an individual, organization, or institution.

Cumulative Net Profit

The total amount of profit or loss a business has accumulated over a certain period after subtracting all expenses from revenue.