Explain why each of the following combinations of tasks should or should not be separated to achieve

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Explain why each of the following combinations of tasks should or should not be separated to achieve adequate internal control.

a. Approval of bad debt write-offs and the reconciliation of the accounts receivable subsidiary ledger and the general ledger control account.

b. Distribution of payroll checks to employees and approval of employee time cards.

c. Posting of amounts from both the cash receipts and the cash disbursements journals to the general ledger.

d. Writing checks to vendors and posting to the cash account.

e. Recoiling cash receipts in the journal and preparing the bank reconciliation.

Accounts Receivable
Accounts receivables are debts owed to your company, usually from sales on credit. Accounts receivable is business asset, the sum of the money owed to you by customers who haven’t paid.The standard procedure in business-to-business sales is that...
Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...
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