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.

---

Definitions:

Economic Foundation

The underlying economic factors or structures that support and enable the development and sustainability of a society or organization.

Mesoamerican Mexico

Referring to the cultural and historical region in pre-Columbian Mexico characterized by significant civilizations like the Aztec and Maya.

Maize (Corn)

A staple cereal grain domesticated by indigenous peoples in Mesoamerica, pivotal to various cultures and economies worldwide.

San Lorenzo

An archaeological site in Mexico, notable for its colossal Olmec sculptures and as an early center of Olmec civilization.