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Payments by Check Is an Important Internal Control for All

Question 13

Multiple Choice

Payments by check is an important internal control for all of the following reasons EXCEPT for:


A) the checks provided a record of the payment.
B) the check must be signed by an authorized official.
C) all payments are made via a lock-box system.
D) before signing the check, the authorized official should study the evidence supporting the payment.

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