Which of the Following Internal Control Procedures Does Not Ordinarily

question 52

Multiple Choice

Which of the following internal control procedures does not ordinarily apply to the management of the petty cash fund?

• A)Use of prenumbered documents.
• B)Separation of duties.
• C)Use of physical controls.
• D)All of these apply to the management of a petty cash funD.All of these procedures are important controls in order to protect petty cash.

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Definitions:

Triglycerides

A type of fat found in the blood, derived from the foods we eat, and an essential energy source for the body.

Lipids

Organic compounds that are fatty acids or their derivatives, insoluble in water but soluble in organic solvents, playing roles in energy storage, cell membrane structure, and signaling.

Immunity

Resistance to infectious disease and harmful substances.