The pre-numbering of cheques helps to achieve completeness because it:
A)provides control over cheques
B)prevents the issue of false cheques
C)allows us to account for all cheques through a sequence check
D)allows us to ensure all cheque payments are properly authorised

Question

Quizplus · Accepted Answer

Pre-numbering of cheques allows us to account for all cheques through a sequence check, which helps achieve completeness. It provides a control mechanism to verify that all issued cheques are accounted for and no cheques are missing. However, it does not prevent the issue of false cheques nor ensure all cheque payments are properly authorized.

The Pre-Numbering of Cheques Helps to Achieve Completeness Because It