Which of the following controls will help prevent skimming? a. The accounts receivable bookkeeper’s duties are separated from preparing the bank deposit b. The accounts receivable bookkeeper has access to collections from customers. c. The accounts receivable bookkeeper is responsible for preparing the bank deposit. d. The accounts receivable bookkeeper makes all entries in the cash receipts book.

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A:

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Q: The bank reconciliation can be used to control cash in a bank account. A) True B) False

A: Lets understand the basics. Bank reconciliation statement is a statement prepared to match cash…

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A: Internal controls is the procedure applicable to ensure the operational efficiency and correct…

Q: Which of the following would not be considered good internal control for cash receipts? A) Requiring…

A: Internal Control:Internal control means the procedure established, implemented and maintained by…

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A: lnternal control are  methods that are ensure  the proper safeguarding of assets are necessary to…

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Q: What type of internal controls are job rotation, preparation of bank reconciliations, segregation of…

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A: The answer is as fallows

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Q: Which of the following are substantive tests?

A: For identifying whether the following are substantive tests or not we need to first identify what is…