The following are strong internal control measures over cash disbursements except
A) All checks should be prenumbered.
B) Unused checks should be locked up.
C) The person approving the payment should also sign the check.
D) The payment must be recorded on the books by someone other than the check signer.
Correct Answer:
Verified
Q13: Which of the following is not a
Q14: Accounting controls are designed to:
A) eliminate collusion
B)
Q16: The following are features of an internal
Q17: To have a strong internal control system,
Q19: Which of the following statements accurately describes
Q20: Effective internal controls for cash include:
A) making
Q21: The Sarbanes-Oxley Act
A) was prompted by corporate
Q22: Which of the following statements about materiality
Q23: An element that is often present when
Q26: Which of the following is not one
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