Multiple Choice
Sound internal control dictates that immediately upon receiving checks from customers by mail,a responsible employee should
A) Add the checks to the daily cash summary.
B) Verify that each check is supported by a pre-numbered sales invoice.
C) Prepare a summary listing of checks received.
D) Record the checks in the cash receipts journal.
Correct Answer:

Verified
Correct Answer:
Verified
Q2: If a Chief Technology Officer wanted to
Q3: The chief executive officer is ultimately responsible
Q4: Which of the following represents an application
Q5: Which of the following is not one
Q6: Which of the following provides the advantage
Q7: Which of the following is the best
Q8: Which of the following is not a
Q9: All of the following are the primary
Q10: Which of the following statement is correct
Q11: Given the requirement of the Sarbanes-Oxley Act