Cash equivalents could include each of the following except
A) bank certificates of deposit.
B) money market funds.
C) petty cash.
D) U.S.Treasury bills.
Correct Answer:
Verified
Q74: If employees are bonded,
A)it means that they
Q75: Blank checks
A)should be safeguarded.
B)should be presigned.
C)do not
Q76: A $100 petty cash fund has cash
Q77: The cash account shows a balance of
Q78: An adjusting entry is not required for
A)outstanding
Q80: The fraud triangle applies to
A)U.S companies but
Q81: Internal control is mainly concerned with the
Q82: Checks received in the mail should be
Q83: Collusion may result when one individual circumvents
Q84: Internal auditors
A)are hired by CPA firms to
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