Which of the following would NOT represent good controls over cash disbursements?
A)Make all disbursements,other than very small ones,by check,debit card,or credit card.
B)Require only one signature for checks,especially larger ones.
C)Authorize all expenditures before purchase and verify the accuracy of the purchase itself.

Question

Quizplus · Accepted Answer

Requiring only one signature for checks is NOT a good control as it increases the risk of fraud or error. It is recommended to have at least two signatures on checks, especially for larger amounts, to provide a dual control system. Options A and C represent good controls over cash disbursements as they promote transparency and accuracy in the disbursement process.

Which of the Following Would NOT Represent Good Controls Over