Narbona, CPA, is reviewing controls over cash received through a bank night depository. which controls would she
Fantastic news! We've Found the answer you've been seeking!
Question:
Narbona, CPA, is reviewing controls over cash received through a bank night depository. which controls would she find most important?
a. Responsibility is rotated for processing night depository receipts among employees of the various departments.
b. Dual control ( joint custody) is established over the contents of the night depository box from the time of removal until initial recording is completed.
c. Vacations are required for all employees engaged in night depository activities.
d. All deposit tickets related to night deposits are numbered
Related Book For
Accounting Information Systems
ISBN: 978-0078025495
1st edition
Authors: Vernon Richardson, Chengyee Chang
Posted Date: