One of important internal controls over cash disbursements should include not only the physical signing of checks, but also the approval of electronic funds transfers by individuals with proper authority.

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Internal controls should include measures to ensure that electronic funds transfers are also approved by authorized individuals to prevent unauthorized disbursements of cash. This is in addition to the physical signing of checks, which is also an important control over cash disbursements.

One of Important Internal Controls Over Cash Disbursements Should Include