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  3. Study Set
    Accounting Information Systems Study Set 1
  4. Exam
    Exam 8: Revenue and Cash Collection Processes and Controls
  5. Question
    The Security of Having Cash Receipts Deposited in the Bank
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The Security of Having Cash Receipts Deposited in the Bank

Question 56

Question 56

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

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