Which of the following is not a procedure to maintain internal controls over cash payments?
A)Checks should be properly authorized with approval signatures.
B)A receipt should be provided to each cash customer.
C)All checks should be prenumbered.
D)Spoiled checks should be voided and retaineD.Providing receipts to each cash customer is a procedure to maintain internal controls over cash receipts, not cash payments.

Question

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Providing receipts to each cash customer is a procedure to maintain internal controls over cash receipts, not cash payments. The other options (A, C, D) are all procedures that help maintain internal controls over cash payments. Checks should be properly authorized and prenumbered to ensure they are properly approved and accounted for. Spoiled checks should be voided and retained to prevent fraud or errors.

Which of the Following Is Not a Procedure to Maintain