Which of the following is not a good control activity over cash?
A) Payments to creditors should be made in cash.
B) There should be limited access to cash.
C) The amount of cash on hand should be kept at a minimum.
D) Cash should be deposited daily.

Question

Quizplus · Accepted Answer

Payments to creditors should not be made in cash as it is difficult to track and control compared to using checks or electronic payments.

Which of the Following Is Not a Good Control Activity