As Long as the Same Person Deposits Customer Checks and Records

question 66

True/False

As long as the same person deposits customer checks and records the deposits into the journal,there will be good internal control over cash receipts.

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Definitions:

Serial Position Effect

Tendency of information at the beginning and end of a body of information to be remembered more accurately than information in the middle of the body of information.

Unrelated Items

Objects or elements that have no logical connection or association with one another.

Recall Items

The process of retrieving previously learned information from memory without the aid of, or with very few external cues.

Memory Researcher

A scientist who specializes in studying how memory is formed, retained, and retrieved, including the understanding of memory disorders.