Each of the following documents is used in the control of cash disbursements except
A)canceled checks.
B)outstanding checks.
C)bank credit memos.
D)bank debit memos.

Question

Quizplus · Accepted Answer

Bank credit memos are records of deposits or increases in the account balance, and are not relevant to the control of cash disbursements. The other options (canceled checks, outstanding checks, and bank debit memos) are all important documents for ensuring proper cash disbursement controls.

Each of the Following Documents Is Used in the Control