Which is not an internal control over cash a To ensure that any cash receipts

Which is not an internal control over cash a to

This preview shows page 13 - 17 out of 18 pages.

12.Which is notan internal control over cash? a)To ensure that any cash receipts transaction is recorded to b)To ensure that all out going checks are handled properlyc)To ensure that there is independent accountability for all d)To ensure that cash in hand is properly secured against that effect cash received
Image of page 13
QUIZ 13.Which type of control is considered a compensating control? 14.Which of the following is not an independent verification control of the cash receipt system? applications
Image of page 14
QUIZ 15.Accounting records includes? 16.Which of the following should be segregated? a)Authorizing credit and determining reorder quantitiesb)Shifting goods and preparing the bill of ladingc)Providing information on inventory levels and d)Opening the mail and recording cash receipt in the reconciling the bank statement journal
Image of page 15
Image of page 16
Image of page 17

You've reached the end of your free preview.

Want to read all 18 pages?

  • Summer '17
  • Cheque, invoice, CASH RECEIPTS JOURNAL

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern

Stuck? We have tutors online 24/7 who can help you get unstuck.
A+ icon
Ask Expert Tutors You can ask You can ask You can ask (will expire )
Answers in as fast as 15 minutes
A+ icon
Ask Expert Tutors