Indicate Whether Each of the Following Statements Regarding Internal Controls

True/False

Indicate whether each of the following statements regarding internal controls is true or false.
a)________ Cash receipts should be deposited in a bank when they reach a predetermined level of materiality.b)________ To improve operating efficiency, a company should make most of its disbursements using cash.c)________ Supporting documents should be reviewed by the check signer prior to signing the check.d)________ Supporting documentation should not be marked "paid" until the check clears the bank.e)________ All spoiled and voided checks should be shredded.