Question 1.1. ________ would help prevent cashiers from stealing cash and covering the theft in the accounting records. (Points : 20)

Pre-numbered documents An audit A firewall Segregation of duties

Question 2.2. From information gathered from a bank statement, business owners can ________. (Points : 20)

view outstanding checks written by the company verify that the accounting records match the activity reported by the bank determine the amount of future cash deposits view deposits in transit

Question 3.3. To reconcile a bank statement, ________ must be added to the bank balance because the company has recorded this increase in funds, but the bank has not recorded it as of the statement date. (Points : 20)

deposits in transit outstanding checks NSF checks interest revenue

Question 4.4. A system that allows customers payments to be deposited directly into the bank with no interaction from employees is a(n) ________ system. (Points : 20)

online banking point of sale voucher lock-box

Question 5.5. A signature card helps protect against ________. (Points : 20)

embezzlement collusion forgery bribery