Question: If internal control is properly designed, the same employee may be permitted to:Receive and deposit checks and approve write offs of accountsReconcile the bank statements

If internal control is properly designed, the same employee may be permitted to:Receive and deposit checks and approve write offs of accountsReconcile the bank statements and receive and deposit cash.

(

)

receivable

. (

)

Approve vouchers for payment and sign checks.

(

) (

)

Sign checks and cancel supporting documents.

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