Which of the Following Is a Sound Internal Control Procedure

question 108

Multiple Choice

Which of the following is a sound internal control procedure for cash disbursements?

• A) paying with cash, making tracking of the payment more difficult
• B) designating an authorized cheque signer who has cash recordkeeping responsibilities
• C) marking supporting documents when paid to prevent duplicate payment
• D) paying with petty cash to expedite the payment process

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Definitions:

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Epic Performance Bars

A brand known for producing protein and snack bars that emphasize high-quality, natural ingredients for athletic and health-conscious consumers.