Multiple Choice
Select the correct statement from the following:
A) General ledger employees should not have custody of any assets that they record in the general ledger.
B) General ledger employees should never be given responsibility for authorizing any journal vouchers.
C) General ledger employees should only record journal vouchers that have been authorized by the appropriate manager.
D) All of the above are correct.
Correct Answer:

Verified
Correct Answer:
Verified
Q63: Which of the following, within the corporation,
Q64: In automated accounting:<br>A)Paper vouchers are still required
Q65: In a manual system with proper segregation
Q66: Which of the following is NOT generally
Q67: Internal reports of financial information:<br>A)Are standardized by
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Q73: When management has designed, implemented, and continually