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The Following Set of Items Describes Activities Completed by a Company

Question 55

Multiple Choice

The following set of items describes activities completed by a company in purchasing and paying for merchandise and in collecting cash for merchandise sales. For each activity, identify whether or not the activity adheres to or violates sound internal control procedures. (Choices may be used more than once.)
-An employee from the accounting department compares the cash register tapes with the bank deposits.


A) Adheres to sound internal controls
B) Violates sound internal controls
C) Neither strengthens nor violates internal control

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