Solved

Only One Copy of the List of Cash Received Should

Question 180

True/False

Only one copy of the list of cash received should be prepared when an employee opens mail with customer payments to avoid complexity in the accounting system and maintain control.

Correct Answer:

verifed

Verified

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

Related Questions

Q174: McDonald's Corporation is the largest food service

Q175: Which of the following items would be

Q176: The use of customer statements as a

Q177: Which of the following items is a

Q178: A(n)_ is a form sent by the

Q179: In a sound internal control system,all cash

Q181: Which of the following is not a

Q182: Which of the following statements does not

Q183: A good system of internal control requires

Q184: When a bank pays interest or collects