Which of the following would the auditor consider to be an incompatible operation if the cashier receives

Question:

Which of the following would the auditor consider to be an incompatible operation if the cashier receives remittances?

a. The cashier prepares the daily deposit.

b. The cashier makes the daily deposit at a local bank.

c. The cashier posts the receipts to the accounts receivable subsidiary ledger cards.

d. The cashier endorses the cheques.

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...