Which of the following considered cash receipt control principles: Select one: O a. Cash receipt can be handled by many staff O b. Only designated staff are authorized to handle cash receipt O c. Same staff receive cash, record cash & hold cash O d. less Use remittance device, cash register tapes and deposit slips
Which of the following considered cash receipt control principles: Select one: O a. Cash receipt can be handled by many staff O b. Only designated staff are authorized to handle cash receipt O c. Same staff receive cash, record cash & hold cash O d. less Use remittance device, cash register tapes and deposit slips
College Accounting (Book Only): A Career Approach
13th Edition
ISBN:9781337280570
Author:Scott, Cathy J.
Publisher:Scott, Cathy J.
Chapter10: Cash Receipts And Cash Payments
Section: Chapter Questions
Problem 4QY: Which of the following is not an advantage of the cash receipts journal? a. Transactions do not have...
Related questions
Question
![Which of the following considered cash receipt control principles:
Select one:
O a. Cash receipt can be handled by many staff
O b. Only designated staff are authorized to handle cash receipt
O c. Same staff receive cash, record cash & hold cash
d. less Use remittance device, cash register tapes and deposit slips](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F39b9ad1f-fa8e-4fa1-a7ce-f01cf0fd34ae%2F12aa99e2-6490-478d-afea-afd87676b914%2Fufzxk2_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Which of the following considered cash receipt control principles:
Select one:
O a. Cash receipt can be handled by many staff
O b. Only designated staff are authorized to handle cash receipt
O c. Same staff receive cash, record cash & hold cash
d. less Use remittance device, cash register tapes and deposit slips
Expert Solution
![](/static/compass_v2/shared-icons/check-mark.png)
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 2 steps
![Blurred answer](/static/compass_v2/solution-images/blurred-answer.jpg)
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.Recommended textbooks for you
![College Accounting (Book Only): A Career Approach](https://www.bartleby.com/isbn_cover_images/9781337280570/9781337280570_smallCoverImage.gif)
College Accounting (Book Only): A Career Approach
Accounting
ISBN:
9781337280570
Author:
Scott, Cathy J.
Publisher:
South-Western College Pub
![Auditing: A Risk Based-Approach to Conducting a Q…](https://www.bartleby.com/isbn_cover_images/9781305080577/9781305080577_smallCoverImage.gif)
Auditing: A Risk Based-Approach to Conducting a Q…
Accounting
ISBN:
9781305080577
Author:
Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Publisher:
South-Western College Pub
![Pkg Acc Infor Systems MS VISIO CD](https://www.bartleby.com/isbn_cover_images/9781133935940/9781133935940_smallCoverImage.gif)
Pkg Acc Infor Systems MS VISIO CD
Finance
ISBN:
9781133935940
Author:
Ulric J. Gelinas
Publisher:
CENGAGE L
![College Accounting (Book Only): A Career Approach](https://www.bartleby.com/isbn_cover_images/9781337280570/9781337280570_smallCoverImage.gif)
College Accounting (Book Only): A Career Approach
Accounting
ISBN:
9781337280570
Author:
Scott, Cathy J.
Publisher:
South-Western College Pub
![Auditing: A Risk Based-Approach to Conducting a Q…](https://www.bartleby.com/isbn_cover_images/9781305080577/9781305080577_smallCoverImage.gif)
Auditing: A Risk Based-Approach to Conducting a Q…
Accounting
ISBN:
9781305080577
Author:
Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Publisher:
South-Western College Pub
![Pkg Acc Infor Systems MS VISIO CD](https://www.bartleby.com/isbn_cover_images/9781133935940/9781133935940_smallCoverImage.gif)
Pkg Acc Infor Systems MS VISIO CD
Finance
ISBN:
9781133935940
Author:
Ulric J. Gelinas
Publisher:
CENGAGE L
![Auditing: A Risk Based-Approach (MindTap Course L…](https://www.bartleby.com/isbn_cover_images/9781337619455/9781337619455_smallCoverImage.gif)
Auditing: A Risk Based-Approach (MindTap Course L…
Accounting
ISBN:
9781337619455
Author:
Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Publisher:
Cengage Learning
Principles of Accounting Volume 1
Accounting
ISBN:
9781947172685
Author:
OpenStax
Publisher:
OpenStax College
![Cornerstones of Financial Accounting](https://www.bartleby.com/isbn_cover_images/9781337690881/9781337690881_smallCoverImage.gif)
Cornerstones of Financial Accounting
Accounting
ISBN:
9781337690881
Author:
Jay Rich, Jeff Jones
Publisher:
Cengage Learning