'Depositing receipts intact' means
A) all receipts are deposited, that is, not used to make payments.
B) all receipts are placed in a security envelope prior to banking.
C) both mail receipts and over-the-counter receipts are banked together.
D) mail receipts are banked separately to receipts received over-the-counter.

Question

Quizplus · Accepted Answer

Depositing receipts intact means that all receipts are deposited without deducting any amount from them. They are not used to make any payments, but instead, they are recorded and added to the income of the business.

'Depositing Receipts Intact' Means