Internal Control Procedures for Cash Receipts Require That

question 135

Multiple Choice

Internal control procedures for cash receipts require that:

• A) Custody over cash is kept separate from its recordkeeping.
• B) Cash sales should be recorded on a cash register at the time of each sale.
• C) Clerks having access to cash in a cash register should not have access to the register tape or file.
• D) An employee (with no access to cash receipts) should compare the total cash recorded by the register with the record of cash receipts reported by the cashier.
• E) All of these.

---

Definitions:

Working-Class

A social group consisting of people employed in lower-tier jobs, often in manual labor or skilled trade occupations, and who receive wages rather than salaries.

National Origins Act

A United States federal law enacted in 1924, aimed at restricting immigration by establishing quotas based on national origins, significantly limiting immigration from certain regions.

Restrictive

Pertaining to policies, rules, or measures that limit or control actions, behaviors, or developments.

Anti-Foreign Sentiment

A prejudicial outlook or discrimination against foreigners, often resulting in hostility or unfavorable treatment towards people from other countries.