Question: a) Checks should never be written payable to cash. Why do you think that might be a bad idea? b)Why is it critical to reconcile
a) Checks should never be written payable to "cash". Why do you think that might be a bad idea? b)Why is it critical to reconcile the bank statement on a timely basis each month? c)What is the process of allocating costs for fixed assets, natural resources and intangible assets?
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