What are the two main functions of cash control systems?
A) Control over cash and control over purchase orders
B) Control over checks and control over invoicing
C) Control over receipts and control over the bank account
D) Control over receipts and control over payments

Question

Quizplus · Accepted Answer

The two main functions of cash control systems are to oversee the inflow of cash (receipts) and manage the outflow of cash (payments), ensuring accuracy and preventing fraud.

What Are the Two Main Functions of Cash Control Systems