Solved

One Method of Establishing Proper Internal Control Over Collections of Accounts

Question 83

Multiple Choice

One method of establishing proper internal control over collections of accounts receivable is to:


A) establish a bank lock box.
B) designate an authorized check signer.
C) make all disbursements by cash.
D) set up a petty cash fund.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents