A ________ is a list prepared when cash is received by someone who has no responsibility for recording sales, accounts receivable, or cash, and who has no access to the accounting records.
A) prelisting of cash receipts
B) sales invoice
C) packing ticket
D) vendor invoice

Question

Quizplus · Accepted Answer

A prelisting of cash receipts is a document prepared by someone who is not responsible for accounting or record-keeping. This document lists the cash that has been received and is used as a control to ensure that all cash is accounted for and deposited correctly. Sales invoices, packing tickets, and vendor invoices are not relevant to this situation as they pertain to the sale of goods or services, not the receipt of cash.

A ________ Is a List Prepared When Cash Is Received