Which of the following is not a sound internal control procedure for cash disbursements?
A)paying with a check to provide a record of the payment
B)designating an authorized check-signer who has no cash record keeping responsibilities
C)marking supporting documents when paid in order to prevent duplicate payment
D)paying with petty cash to expedite the payment process

Question

Quizplus · Accepted Answer

Paying with petty cash is not a sound internal control procedure for cash disbursements because it does not provide a clear record of the payment and can lead to issues with accountability and tracking expenses. The other options, paying with a check, designating an authorized check-signer, and marking supporting documents all help to ensure proper control and documentation of cash disbursements.

Which of the Following Is Not a Sound Internal Control