True/False
To maintain effective internal control,the majority of all payments in an organization should be made using cash.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q1: What category of account is the Allowance
Q2: Under the allowance method,the entry to write
Q5: If the bank records a deposit of
Q6: A company with net sales of $500,000,a
Q8: Which of the following is a correct
Q10: If a bank reconciliation included deposits in
Q62: The allowance method of accounting for bad
Q78: An aging-of-accounts-receivable indicates that the amount of
Q116: Factoring receivables involves selling them at a
Q173: The balance in Accounts Receivable was $700,000