Multiple Choice
Internal control procedures for cash receipts require
A) Separation of custody of cash receipts from their recordkeeping
B) In-store cash sales be recorded on a cash register at the time of each sale
C) All cheques to be numbered in sequence
D) Separation of custody of cash receipts from its recordkeeping and in-store cash sales be recorded on a cash register at the time of each sale
E) All of the above
Correct Answer:
Verified
Correct Answer:
Verified
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