An employee authorized to sign checks should not record
A) owner cash contributions.
B) mail receipts.
C) cash disbursement transactions.
D) sales transactions.

Question

Quizplus · Accepted Answer

An employee authorized to sign checks should not record cash disbursement transactions to maintain separation of duties and prevent potential fraud or errors. This separation ensures that no single individual has control over all aspects of a financial transaction, thereby reducing the risk of misappropriation of funds.

An Employee Authorized to Sign Checks Should Not Record