Effective Internal Controls for Cash Include

question 99

Multiple Choice

Effective internal controls for cash include

• A)disbursements made by prenumbered check.
• B)cash deposited in the bank on a timely basis.
• C)written cash receipts given to customers as evidence of payment.
• D)all of these answer choices are correct.

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Definitions:

Spreadsheet

A digital worksheet that organizes data in rows and columns, making it easy to store, calculate, and analyze numerical information.

Tabular

Relating to or presented in the form of a table or grid, often used for displaying data.

Communication

The exchange of information, ideas, or feelings between individuals or groups through speech, writing, or other means.

Close The Database

The action of securely exiting a database application, ensuring that all data is saved and the database is properly shut down.