Which of the Following Is Not a Basic Means of Achieving

question 190

Multiple Choice

Which of the following is not a basic means of achieving internal control over cash receipts?

• A)Separate the functions of cash handling and maintenance of accounting records.
• B)Prepare a daily listing of cash received through the mail.
• C)Deposit all cash receipts daily in the petty cash fund.
• D)Promptly reconcile bank statements with the accounting records.