Which of the Following Is Not a Common Internal Control

question 68

Multiple Choice

Which of the following is not a common internal control procedure that would be implemented with regards to cash receipts?

• A)Preparing a record of all cash collections immediately upon receipt
• B)Providing copies of written receipts to customers
• C)Depositing cash receipts in a bank on a timely basis
• D)Marking supporting documents Paid when checks are signed

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Definitions:

Negative Feedback Mechanism

A regulatory process in biological systems where the output of a system inhibits or slows the processes leading to the output, ensuring stability.

Stimulus

Any external or internal factor that influences the activity of a living organism or any of its parts.

Calcitonin

A hormone produced by the thyroid gland that helps regulate calcium levels in the blood.

Blood Calcium Levels

The concentration of calcium in the blood, essential for various bodily functions including bone formation, nerve transmission, and muscle contraction.