Which of the following controls represent a control over cash that is unique to cash accounts?
a. Separation of duties.
b. Restrictive endorsements of customer checks.
c. Periodic internal audits.
d. Competent, well-trained employees.
Answer: B
Which of the following controls represent a control over cash that is unique to cash accounts?
a. Separation of duties.
b. Restrictive endorsements of customer checks.
c. Periodic internal audits.
d. Competent, well-trained employees.
Answer: B
If the answers is incorrect or not given, you can answer the above question in the comment box. If the answers is incorrect or not given, you can answer the above question in the comment box.