A good control practice would be to have the qualified individual responsible for the sales journal to also be responsible for the cash receipts journal.

Name: A good control practice would be to have the qualified individual responsible for the sales journal to also be responsible for the cash receipts journal.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Separating duties is a key internal control practice to prevent fraud and errors, so the same person should not handle both the sales journal and the cash receipts journal.

A Good Control Practice Would Be to Have the Qualified