Multiple Choice
Which of the following is/are true?
A) The primary goal of internal controls for cash payments is to ensure that the business pays all transactions.
B) The primary internal control goal for cash receipts is to ensure that the business receives the appropriate amount of cash and safely deposits it in the bank.
C) The operating cycle is a series of activities that a company undertakes to generate returns and,ultimately,revenues.
D) All of the choices are correct.
Correct Answer:

Verified
Correct Answer:
Verified
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