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A Major Risk in Processing Cash Receipts Transactions ________

Question 57

Multiple Choice

A major risk in processing cash receipts transactions ________.


A) is that the bank often erroneously double-counts entries
B) is the possible theft of cash before or after a record of the receipt is made
C) is the possible theft of cash only before record of the receipt is made
D) relates to inaccuracies caused by only one person counting the cash receipts

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