Question: Customers claim they have been overcharged for items. Which control would be the most effective in preventing/detecting violations of internal controls over cash in this
Customers claim they have been overcharged for items. Which control would be the most effective in preventing/detecting violations of internal controls over cash in this scenario?
Select one:
a. Display sale amounts for customers to see while the sale is being keyed into the cash register.
b. Require that all cash payments are independently authorized
c. Use EFT for cash payments
d. Prepare monthly bank reconciliation
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