ACCOUNTING PRINCIPLES V1 6/17 >C<
ACCOUNTING PRINCIPLES V1 6/17 >C<
3rd Edition
ISBN: 9781323761434
Author: Horngren
Publisher: PEARSON C
Question
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Chapter 8, Problem S8.4SE
To determine

Applying Internal Control Over Cash Payment by Check:

Payments by means of check are an important internal control over cash payments because of the following:

1. Check gives the record of payment

2. Checks must be signed by an authorized official

To explain: Internal Control over Cash Payment by Check

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Chapter 8 Solutions

ACCOUNTING PRINCIPLES V1 6/17 >C<

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