Question: Internal control procedures for cash receipts do not require that: Multiple Cholce Handing of cash is kept separate from its recordkeeping. All cash collections for
Internal control procedures for cash receipts do not require that:
Multiple Cholce
Handing of cash is kept separate from its recordkeeping.
All cash collections for sales are recelved immedlately upon making the sales.
Cleks having access to cash in a cash regliter should not have access to the reglster tape or file.
A employae with no access to cash recelpts should compare the total cash recorded by the register with the record of cash recelpte reportecl by the cashler.
Cach sales should be recorded on a cash reglster at the time of each sale.
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