True/False
Separating the custody of assets from accounting implies that the accountants must not handle cash and the cashier must not have access to the accounting records.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q70: A check of $300,000,deposited by a company,was
Q71: When replenishing the petty cash fund,the company
Q72: In a large company,the person in charge
Q73: A system cannot be overcome or broken
Q74: When a check is issued,the party who
Q76: Internal controls must always be judged in
Q77: Evaluated Receipts Settlement is _.<br>A) a streamlined
Q78: The following information is needed to
Q79: A very low cash ratio does not
Q80: Before signing a check,the controller or the