Which of the following is not a step toward effective internal control over cash? a. Require signatures
Question:
Which of the following is not a step toward effective internal control over cash?
a. Require signatures from a manager and one financial officer on all checks.
b. Require that cash be deposited daily at the bank.
c. Require that the person responsible for removing the cash from the register have no access to the accounting records.
d. All of the above are steps toward effective internal control.
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Related Book For
Financial Accounting
ISBN: 978-1259964947
10th edition
Authors: Robert Libby, Patricia Libby, Frank Hodge
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