Question: A private organization has internal controls because DS (5 Points) a) it has a responsibility to safeguard assets. b) it makes operations easier for employees.

A private organization has internal controls because DS (5 Points) a)

A private organization has internal controls because DS (5 Points) a) it has a responsibility to safeguard assets. b) it makes operations easier for employees. c) it wants to be businesslike. d) None of the above. Which of the following reconciling items does not require a journal entry? (5 Points) a) Bank service charge b) Bank collection of a note receivable C) NSF cheque d) Deposit in transit

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