Question: Identify the effective internal control(s) over notes payable, notes receivable, and drafts. (Check all that apply.) Multiple select question. Store notes receivable securely in a

Identify the effective internal control(s) over notes payable, notes receivable, and drafts. (Check all that apply.) Multiple select question. Store notes receivable securely in a safe or fireproof vault to which access is limited. When paid, mark the note payable "Canceled" or "Paid" and file the note. Verify and compare the actual notes payable to the notes receivable register. Record all notes payable immediately. Identify a number of people who can sign notes for the firm to make operations more efficient?

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