Activity 10 Match each of the items in column A with the most appropriate item in column B, Write only letter J02/2021 that correspond with number 1-5 COLUMNA COLUMNB ANSWERS The employee who is responsible for purchasing goods..... 1. . .should not be responsible for depositing money into the bank account. The employee who is responsible for opening mail and receiving cash...... The employee who is responsible for capturing salary on the EFT........ The employee who is responsible for the payrol| calculation...... The employee who is responsible for controlling the petty cash . .should not be responsible for authorise salary pay on the EFT. ..should not be responsible for reconciling the petty cash . .should not be responsible for receiving goods ...should not be 2. 3. D 4. E 5. responsible for approving cash payments.

Activity 10 Match each of the items in column A with the most appropriate item in column B, Write only letter J02/2021 that correspond with number 1-5 COLUMNA COLUMNB ANSWERS The employee who is responsible for purchasing goods..... 1. . .should not be responsible for depositing money into the bank account. The employee who is responsible for opening mail and receiving cash...... The employee who is responsible for capturing salary on the EFT........ The employee who is responsible for the payrol| calculation...... The employee who is responsible for controlling the petty cash . .should not be responsible for authorise salary pay on the EFT. ..should not be responsible for reconciling the petty cash . .should not be responsible for receiving goods ...should not be 2. 3. D 4. E 5. responsible for approving cash payments.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Concept explainers

Bank Reconciliation Statement

As a commerce student, we all know that every business has to maintain a cash book to maintain all his cash and bank transactions. A cash book is a book which has two columns, one cash column and one bank column.

Question

100%

Match each of the items in column A vwith the most appropriate item in column B, Write only letter
Activity 1o
J02/2021
that correspond with number 1-5
COLUMN A
COLUMNB
ANSWERS
The employee who is
responsible for purchasing
goods....
.........should not be
responsible for depositing
money into the bank
1.
account,
The employee who is
responsible for opening mail
and receiving cash.....
The employee who is
responsible for capturing
salary on the EFT.......
The employee who is
responsible for the payroll
calculation......
.. .should not be
responsible for authorise
B
2.
salary pay on the EFT.
...should not be
responsible for reconciling
the petty cash
C
3.
...should not be
4.
The employee who is
responsible for controlling
the petty cash
responsible for receiving
goods
.. .should not be
responsible for approving
cash payments.
5.

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