The Control of All Funds During the Count of Cash

question 67

Multiple Choice

The control of all funds during the count of cash on hand is meant primarily to prevent

• A) any chance of double counting.
• B) transfers by the entity's personnel of counted to uncounted funds.
• C) unauthorized disbursements.
• D) cash going missing.

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Definitions:

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Canadian Cancer Society

A national community-based organization of volunteers whose mission is the eradication of cancer and the enhancement of the quality of life of people living with cancer.

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