Which one of the following considered the most effective control for cash disbursement: Select one: O...
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Which one of the following considered the most effective control for cash disbursement: Select one: O a. Pay directly by cash O b. Pay by bank transfer O c. Pay by check O d. Always make credit sales Which of the following is totally true about the principles of internal control activities? Select one: O a. Independent internal verification and non-physical control O b. Establishment of responsibilities & less control of human resources c. Banking responsibility & Segregation of duties d. Documentation procedures & Physical Control which one of the following statements doesn't describe the electronic fund transfer: Select one: O a. Is the use of Wire or computer to transfer money between locations O b. Is the use of checks to transfer money between locations O c. Is the use of telephone to transfer money between locations O d. No cash or checks are handled by staff Which one of the following considered the most effective control for cash disbursement: Select one: O a. Pay directly by cash O b. Pay by bank transfer O c. Pay by check O d. Always make credit sales Which of the following is totally true about the principles of internal control activities? Select one: O a. Independent internal verification and non-physical control O b. Establishment of responsibilities & less control of human resources c. Banking responsibility & Segregation of duties d. Documentation procedures & Physical Control which one of the following statements doesn't describe the electronic fund transfer: Select one: O a. Is the use of Wire or computer to transfer money between locations O b. Is the use of checks to transfer money between locations O c. Is the use of telephone to transfer money between locations O d. No cash or checks are handled by staff
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O Toternal control payments Cosh are when more offective Cheek is ... View the full answer
Related Book For
Accounting concepts and applications
ISBN: 978-0538745482
11th Edition
Authors: Albrecht Stice, Stice Swain
Posted Date:
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