Multiple Choice
Identify the procedure below that is NOT essential for proper control over cash receipts.
A) Have only designated employees receive and handle cash received by the business.
B) Enter cash receipts transactions in the accounting records promptly.
C) Keep cash receipts in a cash register or locked cash drawer or safe.
D) Hold all cash received during a month and make one bank deposit at the end of the month.
Correct Answer:

Verified
Correct Answer:
Verified
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