Which of the Following Represent Good Internal Control Procedures Concerning

question 97

Multiple Choice

Which of the following represent good internal control procedures concerning cash receipts?

• A) Cash should be deposited only at the end of the month.
• B) Cash receipts should be posted to the Accounts Receivable account at the end of the month.
• C) Designate a specific employee to open mail, handle cash, and record the cash.
• D) Endorse checks immediately upon receipt with the stamp, "For Deposit Only".

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Definitions:

Earth-Centred

An approach or perspective that places the Earth and its ecological systems at the core of decision-making processes and values.

Intrinsic Values

The inherent worth of something, independent of its utility or benefit to humans, often discussed in ethics and environmental philosophy.

Ecofeminists

Activists and scholars who analyze the intersection of environmental degradation with systemic gender inequalities.

Male-Dominated Societies

Societal structures where men hold primary power and predominate in roles of political leadership, moral authority, social privilege, and control of property.