Which one of the following would the auditor consider to be an incompatible operation if the cashier receives remittances from the mail room? The cashier
A)prepares the daily deposit.
B)makes the daily deposit at a local bank.
C)records the receipts to the customer files.
D)endorses the cheques with the company endorsement stamp.

Question

Quizplus · Accepted Answer

Recording the receipts to the customer files is considered an incompatible operation for a cashier who receives remittances, as it involves both handling cash and recording transactions, which should be separated to ensure proper internal control and reduce the risk of fraud or errors.

Which One of the Following Would the Auditor Consider to Be