The Essential Element of the Internal Control of Cash Is

question 42

Multiple Choice

The essential element of the internal control of cash is:

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

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Definitions:

Characteristics

Distinctive features or qualities that define an individual, object, or concept.

Social Perception

The process by which individuals form impressions of and make inferences about other people and events in their social world.

Self-concept

An individual's understanding and evaluation of themselves, encompassing self-esteem, self-image, and the perception of one's abilities and attributes.

Physical Appearance

Refers to the outward characteristics or attributes of a person's body visible to others, such as height, skin tone, hair style, and clothing.