To have maximum effective internal control over cash disbursements, all payments should be made by check. Is

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To have maximum effective internal control over cash disbursements, all payments should be made by check. Is this true? Explain.

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Accounting Principles

ISBN: 9781118566671

11th Edition

Authors: Jerry Weygandt, Paul Kimmel, Donald Kieso

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Question Posted: Dec 20, 2011 11:59 AM

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To have maximum effective internal control over cash disbursements, all payments should be made by check or electronic funds transfer. Is this true? Explain.
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To have maximum effective internal control over cash disbursements, all payments should be made by check. Is

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Cash is disbursed to purchase assets to pay expenses and liabilities ...View the full answer

Accounting Principles

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