Which of the Following Would Not Be Considered an Element

Multiple Choice

Which of the following would not be considered an element of good internal control?

A) Require monthly reconciliation of bank accounts with the cash account.
B) Require that all cash receipts be deposited on a daily basis.
C) Require that the individual who handles cash receipts be responsible for the accounting function related to those funds.
D) Require that approval for cash payments and the signing of cheques be assigned to different individuals.