Question: The most important control over the existence, completeness, and valuation of cash balances _______. A. is immediate collection of cash by companies B. is to

The most important control over the existence, completeness, and valuation of cash balances _______.

A. is immediate collection of cash by companies

B. is to defer cash collection for as long as possible

C. is an independent bank reconciliation

D. is written representation by senior management with respect to the accuracy of the cash balance

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