menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Cornerstones of Financial Accounting Study Set 1
  4. Exam
    Exam 2: Internal Control and Cash
  5. Question
    As Part of a Sound System of Internal Controls,all Disbursements
Solved

As Part of a Sound System of Internal Controls,all Disbursements

Question 139

Question 139

True/False

As part of a sound system of internal controls,all disbursements (with the exception of petty cash)should be made by cheque.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q130: On a bank reconciliation, interest earned for

Q134: The accounting records for Dusek Dentistry,Inc.show

Q135: Choose the proper category of internal control

Q137: When a bank reconciliation is being prepared,which

Q140: What are the collective procedures implemented by

Q141: Which of the following is NOT a

Q142: Which internal control activity is being followed

Q143: On a bank reconciliation,outstanding cheques are added

Q144: The accounting records for Dutch Island Company

Q164: Explain some internal control procedures that a

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines