As Long as the Same Person Deposits Customer Checks and Makes

question 50

True/False

As long as the same person deposits customer checks and makes the journal entry to customer accounts,there will be good internal control over cash receipts.

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Definitions:

Schedule V

A classification for drugs with a lower potential for abuse than Schedule IV, including some antitussives and antidiarrheals.

Abuse Potential

Refers to the likelihood that a substance can be used in a manner that is harmful or addictive.

Controlled Substances

Drugs or chemicals whose manufacture, possession, and use are regulated by law due to their potential for abuse or addiction.

Inscription

Text that is written, engraved, or marked on a surface, often for commemorative or dedicatory purposes.