Internal control is most effective when several people are responsible for a given task.
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Q10: A highly automated computerized system of accounting
Q11: Control over cash disbursements is improved if
Q12: The responsibility for keeping the records for
Q13: An effective system of internal control requires
Q14: Checks received in the mail should be
Q16: A segregation of duties among employees eliminates
Q17: The responsibility for ordering receiving and paying
Q18: Cash registers are an important internal control
Q19: Electronic Funds Transfer (EFT) is a disbursement
Q20: In order to prevent a transaction from
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