Which of the following is NOT considered a control activity over cash payments?
A) Different individuals approve and make payments.
B) Compare cheques with invoices.
C) Use remittance advices, cash register tapes, and deposit slips.
D) Use electronic payments when possible.
Correct Answer:
Verified
Q88: Clearing is the process whereby
A) the bank
Q89: A petty cash fund should be replenished
A)
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Q103: A bank statement
A) lets a depositor know
Q105: A deposit made by a company will
Q110: The account to debit when the petty
Q114: A company maintains the asset account, Cash
Q114: The entry to replenish a petty cash
Q116: Which of the following is NOT considered
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