Multiple Choice
Which of the following describes the best physical control(s) over cash disbursements?
A) All disbursements to vendors over $50 are made with prenumbered checks.
B) Cash can be disbursed to vendors when approved by the purchasing manager.
C) Access to inventory is limited to authorized personnel only.
D) All of the above are good physical controls over cash disbursements.
Correct Answer:
Verified
Correct Answer:
Verified
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