Question: 3 of 2 3 Concepts completed Multiple Select Question Select all that apply Identify the basic internal control guidelines which should be in place to

3 of 23 Concepts completed
Multiple Select Question
Select all that apply
Identify the basic internal control guidelines which should be in place to protect a business's cash by selecting the correct answers below.
Excess cash should be left in the bank to maintain liquidity.
Cash payments are made by check.
Cash receipts are promptly deposited in a bank.
Bills should be paid immediately.
Handling cash is separate from recordkeeping of cash.
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3 of 2 3 Concepts completed Multiple Select

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