Question: If internal control is properly designed, the same employee may be permitted to A . Sign checks and also cancel supporting documents. B . Approve
If internal control is properly designed, the same employee may be permitted to
A Sign checks and also cancel supporting documents.
B Approve vouchers for payment and also sign checks.
C Reconcile the bank statements and also receive and deposit cash.
D Receive and deposit checks and also approve writeoffs of customer accounts.
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