Internal controls policies related to cash receipts include all of the following except: Different individuals receive cash,
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Internal controls policies related to cash receipts include all of the following except:
Different individuals receive cash, record cash receipts in the journal, and hold the cash.
Checks received should be immediately stamped "For Deposit Only."
Cash should be stored in a locked safe and deposited in the bank on a weekly basis.
Only designated personnel should be authorized to handle cash receipts.
Related Book For
Auditing a business risk appraoch
ISBN: 978-0324375589
6th Edition
Authors: larry e. rittenberg, bradley j. schwieger, karla m. johnston
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