Internal Control Procedures for Cash Receipts Require

Multiple Choice

Internal control procedures for cash receipts require:

A) Separation of custody of cash receipts from their recordkeeping.
B) In-store cash sales be recorded on a cash register at the time of each sale.
C) All cheques to be numbered in sequence.
D) Separation of custody of cash receipts from its recordkeeping and in-store cash sales be recorded on a cash register at the time of each sale.
E) All of these answers are correct.