As a control for cash receipts, which assertion is addressed when the computer starts with the population of daily cash receipts recorded in the daily remittance report (or cash receipts journal) and develops a one for one match with the underlying bank remittance report
A) Accuracy
B) Classification
C) Occurrence
D) Completeness
Correct Answer:
Verified
Q46: A credit sale should always include debits
Q47: What is a remittance advice?
A)A document prepared
Q48: Which of the following is a control
Q49: What do over-the-counter receipts devices such as
Q50: At the warehouse, when goods are pulled
Q52: Which of the following provides the basis
Q53: During which of the following functions is
Q54: A walkthrough is important as _.
A)different companies
Q55: Which of the following is a receipt
Q56: As an important control for the occurrence
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