Solved

When Processing and Recording Cash Receipts, an Important Fact to Consider

Question 107

Multiple Choice

When processing and recording cash receipts, an important fact to consider is:


A) the most important concern is depositing cash at least twice daily.
B) the most important concern is the possibility of theft.
C) theft can occur only after the receipts are entered in the records.
D) it the customer fails to include a remittance advice, the check should be returned to the customer.

Correct Answer:

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