Which of the following is not an internal control procedure for cash? a. Only designated personnel are

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Which of the following is not an internal control procedure for cash?

a. Only designated personnel are authorized to handle cash.

b. The same individual receives the cash and pays the bills.

c. Surprise audits of cash on hand should be made occasionally.

d. Access to cash is limited

Related Book For answer-question

Auditing and Assurance Services

ISBN: 978-0077862343

6th edition

Authors: Timothy Louwers, Robert Ramsay, David Sinason, Jerry Straws

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Posted Date: Sep 13, 2020 04:00 AM

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Which of the following is not an internal control procedure for cash? a. Only designated personnel are

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