Cash Controls: A business runs on cash and hence it becomes important to control it. Receipts of cash can be through the mails or over the counter. For cash received through mails, a procedure is required to control. To explain: Control on cash receipts over the counter

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Chapter 8, Problem 9RQ

To determine

Cash Controls:

A business runs on cash and hence it becomes important to control it. Receipts of cash can be through the mails or over the counter. For cash received through mails, a procedure is required to control.

To explain:

Control on cash receipts over the counter

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