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:

Context

The circumstances or setting surrounding an event, statement, or idea, which can significantly affect its interpretation or meaning.

National Norms

Standard or average metrics established based on the behaviors, achievements, or characteristics of a national population.

Cohabitating Couples

Couples who live together in a long-term relationship without being legally married.

Adult Psychosocial Health

The state of mental, emotional, social, and spiritual well-being in adults, influenced by interpersonal relationships and life experiences.