Controls specific to the recording of cash payments include which of the following?
A) an independent check by the accounting supervisor of the agreement of the amounts authorized and posted to accounts payable with the cheque summary received from the general accounts department
B) an independent check of the agreement of the total of cheques issued with a batch total of the vouchers processed for payment.
C) limits on access to blank cheques
D) all of the above

Question

Quizplus · Accepted Answer

The Answer of Controls specific to the recording of cash payments include which of the following?
A) an independent check by the accounting supervisor of the agreement of the amounts authorized and posted to accounts payable with the cheque summary received from the general accounts department
B) an independent check of the agreement of the total of cheques issued with a batch total of the vouchers processed for payment.
C) limits on access to blank cheques
D) all of the above

Controls Specific to the Recording of Cash Payments Include Which