Question: Internal control procedures for cash receipts do not require that Mutple Choice Cusody ower cash is kept seperate from its necordkeeping All collectionis for seles
Internal control procedures for cash receipts do not require that Mutple Choice Cusody ower cash is kept seperate from its necordkeeping All collectionis for seles are received immednely upon making the saes Cleriks havirg access to cash in a cash rsegister should not have access to the egister tape or fie n emplayee with no access to cesh recepts should compare the total cesh recerded by the register with the record of cauh eceipts reported by the cashien. Cash sales should be recosded on a cash register at the sme of each sale. Pre 30 o 44Next> TOSHIBA
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
