When payment is received by mail,a detailed list of such receipts would not be retained by the
A)receiving department.
B)accounting department.
C)person who opens the mail.
D)cashier.

Question

Quizplus · Accepted Answer

When payment is received by mail, the receiving department would typically open and process the payment, but they would not retain a detailed list of receipts. The accounting department or cashier would be responsible for reconciling and tracking the payments received. The person who opens the mail may keep a log of payments received for their own reference, but this would not be an official record for the company's accounting purposes.

When Payment Is Received by Mail,a Detailed List of Such