Solved

Which of the Following Is NOT a Recommended Control for the Petty

Question 119

Multiple Choice

Which of the following is NOT a recommended control for the petty cash fund?


A) Designate a custodian for the petty cash fund.
B) Document all payments with a written record.
C) Keep the fund in a safe, locked location.
D) Ensure all employees have access to the fund.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions