Question: Multiple Select Question Select all that apply Identify the basic internal control guidelines which should be in place to protect a business's cash by selecting

Multiple Select Question
Select all that apply
Identify the basic internal control guidelines which should be in place to protect a business's cash by selecting the correct answers below.
Multiple select question.
Excess cash should be left in the bank to maintain liquidity.
Cash payments are made by check.
Handling cash is separate from recordkeeping of cash.
Cash receipts are promptly deposited in a bank.
Bills should be paid immediately.

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