Which of the following documents is used in the control of cash receipts?
A)canceled checks
B)outstanding checks
C)bank deposit slips
D)bank debit memos

Question

Quizplus · Accepted Answer

Bank deposit slips are used to document cash receipts and provide a record of the funds being deposited into the bank account. This helps track and control the cash receipts process. Canceled checks, outstanding checks, and bank debit memos are used in other aspects of cash management but do not specifically control cash receipts.

Which of the Following Documents Is Used in the Control