Discuss reasons why a manager would be concerned about developing a system of internal control over the cash receipts and cash payments of the business. Describe at least five company policies that would be included in an internal control system.
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Q2: Advantages of on-line banking include:
A) convenience.
B) transaction
Q41: Outstanding cheques
A) have been subtracted on the
Q42: Cheques that have been processed by the
Q43: SWIFT codes are used for
A) identifying a
Q44: Information to calculate the adjusted cash balance
Q45: Calculate, from the following information accumulated by
Q47: An example of electronic funds transfer is
A)
Q48: Change Fund _ _ _ _
Q50: The bank statement shows
A) the beginning bank
Q51: Cash Short & Over _ _ _
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