True/False
As part of a sound system of internal controls, all disbursements (with the exception of petty cash) should be made by check.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q74: A debit memo appeared on the May
Q75: The following information relates to the company's
Q76: Strategic risk assessment is primarily concerned with<br>A)possible
Q77: The following information relates to the company's
Q78: What adjustments are often necessary after the
Q80: The following set of items describes activities
Q81: The foundation of the internal control system
Q82: The accounting records for Dutch Island Company
Q83: The accountant must make journal entries for
Q84: If the bank credits a customer's account,