Multiple Choice
The document which is used to permit the immediate deposit of cash and to improve the control over the custody of assets is the:
A) cash receipts journal.
B) sales invoice.
C) remittance advice.
D) credit note.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q40: The business functions mainly related to the
Q45: The customer's request for merchandise, the customer
Q48: The document which accompanies the customer's payment
Q50: Match five of the terms for documents
Q52: There are five classes of transactions in
Q65: Tests of controls should never be performed
Q70: Footing the sales journal and tracing the
Q89: Misstatements involving the existence objective for sales
Q96: The purpose of substantive tests of transactions
Q97: The objective of prenumbering of documents is