Question: Which statement about internal controls over cash is correct? Question content area bottom Part 1 A . A bank reconciliation is designed for detection of
Which statement about internal controls over cash is correct?
Question content area bottom
Part
A
A bank reconciliation is designed for detection of problems after the fact.
B
A bank reconciliation is designed to prevent problems from happening.
C
A bank reconciliation is the only control required for cash.
D
A bank reconciliation is a tool to investigate employee fraud.
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