SE$7-8.$ Electronic Funds Transfer Electronic funds transfer $($EFT$)$ involves transferring cash from one loca$-$

tion to another using:

a$.$ armored trucks.

b$.$ computers.

c$.$ bicycle messengers.

d$.$ the mail service.

SE$7-9.$ Cash Internal Control Good internal control over cash received on account involves the mailroom

doing each of the following activities except:

a$.$ Opening the mail.

b$.$ Preparing the deposit receipt.

c$.$ Preparing the remittance list.

d$.$ Sending checks to the treasurer.