True/False
A key to strong control over petty cash is to ensure that several persons serve as custodian at one time.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q88: A petty cash fund was established with
Q89: The cash balance in a company's general
Q90: Martin Company has a cash ratio of
Q91: In a bank reconciliation,a deposit in transit
Q92: For good internal control over cash payments,the
Q94: Which of the following is an attribute
Q95: If the bank reconciliation includes a deposit
Q96: Refer to the following bank reconciliation:<br> <img
Q97: When a check is issued,the party being
Q98: Discuss the roles of the internal auditors