menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Accounting Study Set 2
  4. Exam
    Exam 11: Cash Management and Control
  5. Question
    The Essential Element of the Internal Control of Cash Is
Solved

The Essential Element of the Internal Control of Cash Is

Question 42

Question 42

Multiple Choice

The essential element of the internal control of cash is:


A) a strong safe.
B) a petty cash system.
C) the bank reconciliation.
D) the double entry accounting system.

Correct Answer:

verifed

Verified

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

Related Questions

Q37: When reconciling a bank account, the bank's

Q38: Which of the following principles of cash

Q39: Which of the following would appear as

Q40: Total cash sales for the day amounted

Q41: If the cash in the cash register

Q43: Which of the following is not an

Q44: When reconciling the ledger with the bank

Q45: Which ratio measures solvency by relating cash

Q46: William's bank account is not in overdraft.

Q47: _refers to the ability of a firm

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines