Cash sales are only subject to accounting control if a record of the sale has been created.

Question

Quizplus · Accepted Answer

Cash sales are only subject to accounting control if they are recorded in some form, such as a sales receipt or cash register tape. Without an accounting record, it is difficult to track cash sales and ensure that they are accurately reported for tax purposes and financial reporting. Therefore, cash sales should be subject to accounting control through record keeping and monitoring.

Cash Sales Are Only Subject to Accounting Control If a Record