Which one of the following is not an important control associated with cash? a. All cash expenditures

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Which one of the following is not an important control associated with cash?
a. All cash expenditures must be made with pre-numbered checks.
b. The cash balance must never fall below the sum of inventory and accounts receivable.
c. All cash receipts must be deposited daily.
d. The handling of cash must be separated from the recording of cash.

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Related Book For  answer-question

Accounting concepts and applications

ISBN: 978-0538745482

11th Edition

Authors: Albrecht Stice, Stice Swain

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