Which Is Not a Key Element of Internal Control Over

question 4

Multiple Choice

Which is not a key element of internal control over cash receipts?

• A) daily recording of all cash receipts in the accounting records
• B) daily entry in a voucher register
• C) immediate counting by the person opening the mail or using the cash register
• D) daily bank deposits

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Definitions:

Active

Engaging or ready to engage in physically energetic pursuits; not passive.

Sociocultural Influences

The forces of society and culture that shape individuals' beliefs, habits, and lifestyles.

Human Development

The process of growth and change that takes place over the course of a human life, encompassing physical, cognitive, social, and emotional development.