For Good Internal Control Over Cash, the Handling of Cash

question 47

True/False

For good internal control over cash, the handling of cash and the record keeping for receivables should be separated.

---

Definitions:

Education

The process of facilitating learning, or the acquisition of knowledge, skills, values, and habits through various methods like teaching, training, and research.

Citizens

Members of a political community, such as a nation, who have rights and duties as defined by the laws and constitution of that community.

United States

A country in North America consisting of 50 states and a federal district, known for its significant global economic, political, and cultural influence.

Healthy

Refers to the state of being free from illness or injury, encompassing both physical and mental well-being.