When Cash Is Received by Mail

question 100

Multiple Choice

When cash is received by mail:

• A) the mailroom sends all customer checks to the treasurer, who has the cashier deposit the money in the bank.
• B) the journal entries are made by the controller.
• C) the mailroom compares the deposit to the journal entry made.
• D) all of the above occur.

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Definitions:

Emotional Intelligence

The power to identify, influence, and share one's affective states, as well as to maintain social relationships with sound judgment and empathy.

Social Awareness

The ability to understand and respond to the needs of others in social situations, recognizing social cues and appropriately adapting behavior.

Self-Management

The ability to regulate one's own thoughts, feelings, and actions to achieve personal or professional goals.

Relationship Management

Relationship management is the strategy of maintaining beneficial relationships with business partners or customers to foster loyalty and long-term engagement.