Which of the following would NOT represent good controls over cash disbursements?
A)Periodically check amounts shown in the debit card and credit card statements against purchase receipts.
B)The employee verifying the accuracy of the debit card and credit card statements should not also be the employee responsible for actual purchases.
C)Set maximum purchase limits on debit cards and credit cards.
D)Employees responsible for making cash disbursements should also be in charge of cash receipts.

Question

Quizplus · Accepted Answer

Employees responsible for making cash disbursements should be separate from those handling cash receipts in order to maintain proper segregation of duties and minimize the risk of errors or fraud.

Which of the Following Would NOT Represent Good Controls Over