Multiple Choice
The security of having cash receipts deposited in the bank on a daily basis will help to minimize the related risk of:
A) Invalid receipts
B) Invalid bank account
C) Lost or stolen cash
D) Duplicate transactions
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q51: This item documents the quantities and descriptions
Q52: This document is prepared and sent to
Q53: The sales and cash collections process begins
Q54: This term refers to moving the current
Q55: Important characteristics of electronic data interchange (EDI)
Q57: A _ is a credit to the
Q58: The terms of agreement between the company
Q59: Common types of independent checks within the
Q60: Common means of presenting the revenue and
Q61: Independent checks and reconciliations, related to cash