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

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.
Excess cash should be left in the bank to maintain liquidity.
Cash receipts are promptly deposited in a bank.
Cash payments are made by check.
Handling cash is separate from recordkeeping of cash.
Bills should be paid immediately.
Select all that apply Identify the basic internal control guidelines which

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