Multiple Choice
The separation of the custody of cash from the accounts receivable record keeping will help to minimize the related risk of:
A) Invalid cash receipts
B) Incorrect amounts
C) Invalid transactions
D) Duplicate transactions
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q84: The form, or source document, that conveys
Q85: This type of highly integrated IT system
Q86: EDI systems have many advantages within the
Q87: For each transaction cycle and each type
Q88: Which of the following relationships does not
Q90: A special journal that is used to
Q91: All of the following documents are necessary
Q92: This occurs when the IT system automatically
Q93: A document prepared that lists the chronological
Q94: The standard format used with electronic data