Multiple Choice
For the most effective internal control,monthly bank statements should be received directly from the banks and reviewed by the
A) controller.
B) cash receipts accountant.
C) cash disbursement accountant.
D) internal auditor.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q11: Which of the following misstatements is not
Q18: Which of the following might be detected
Q33: According to the SEC's SAB No.101,which of
Q34: An auditor is reviewing sales cutoff as
Q37: To reduce the risks associated with accepting
Q38: In general,revenue is recognized when<br>A) goods are
Q40: Assume you are working on a 12/31
Q75: In confirming accounts receivable, an auditor decided
Q82: Credit authorization is used to determine if
Q85: Tracing copies of sales invoices to shipping