In general documents should be prenumbered and all documents should be accounted for.
Correct Answer:
Verified
Q23: Which one of the following is not
Q24: Internal controls are concerned with
A) only manual
Q25: A voucher system is used by many
Q26: To obtain maximum benefit from a bank
Q27: A bank reconciliation is generally prepared by
Q29: The duties of approving an item for
Q30: If a company deposits all its receipts
Q31: Internal control consists of the plan of
Q32: A debit memorandum could show the collection
Q33: All reconciling items in determining the adjusted
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