The Cornerstone of the Internal Control of Cash Is

question 15

Multiple Choice

The cornerstone of the internal control of cash is:

• A)The bank reconciliation
• B)A strong safe
• C)A petty cash system
• D)The double entry accounting system

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Definitions:

Unconscious

A part of the mind that is not accessible to conscious thought but that influences judgments, feelings, or behavior.

Behaviour

The actions or reactions of individuals or groups in response to external or internal stimuli.

Brain

The organ in the head of animals and humans, responsible for nerve function, thought, memory, and processing sensory information.

Conscious Rational Processes

involve deliberate and logical thinking or problem-solving activities that are under direct awareness.