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Which of the Following Should Be Performed by the Persons

Question 57

Multiple Choice

Which of the following should be performed by the persons opening the mail and recording payments?


A) Adding a restrictive endorsement on all checks.
B) Entering payment information into customer accounts.
C) Preparing the deposit slip and the delivery of the checks to the bank.
D) Segregating all payments made on accounts listed as past due.

Correct Answer:

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