An application of good internal control over cash disbursements is
A) following payment the approved invoice should be stamped PAID.
B) blank checks should be stored in the treasurer's desk.
C) each check should be compared with the approved invoice after the check is issued.
D) check signers should record the cash disbursements.

Question

Quizplus · Accepted Answer

Stamping the approved invoice as "PAID" after payment is made is a good internal control practice. It helps prevent duplicate payments and ensures that each invoice is only paid once.

An Application of Good Internal Control Over Cash Disbursements Is