The internal controls of cash receipts aims to ensure that all cash received is properly recorded and deposited.

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The internal controls of cash receipts aim to ensure that all cash received is properly recorded and deposited, thus reducing the risk of fraud or errors. Some examples of cash receipts controls include requiring multiple individuals to handle and count the cash, using pre-numbered receipts, and reconciling the daily cash receipts to the general ledger. These measures help to maintain the accuracy and integrity of the company's financial records.

The Internal Controls of Cash Receipts Aims to Ensure That