Which of the following procedures is the least essential attribute of a cash disbursement control system?
A) Supervision of all cash disbursement and record keeping functions
B) Establishment of a petty cash system
C) Use of multiple bank accounts
D) All disbursements (except petty cash) are required to be made by cheque
E) Cheques are signed only when supported by adequate documentation and verification
Correct Answer:
Verified
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