What is the primary goal of internal controls for cash payments?
A)To ensure the lowest prices possible are paid.
B)To make payments as quickly as possible.
C)To ensure that payments are made only for properly authorized transactions.
D)To independently verify cash payments.

Question

Quizplus · Accepted Answer

The primary goal of internal controls for all cash payments is to ensure that the business pays only for properly authorized transactions.

What Is the Primary Goal of Internal Controls for Cash