dentify the basic internal control guidelines which should be in place to protect a business's cash by selecting the correct answers below. (Check all that apply.) Excess cash should be left in the bank to maintain liquidity. Cash receipts are promptly deposited in a bank. Cash payments are made by check. Handling cash is separate from recordkeeping of cash. Bills should be paid immediately.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “dentify the basic internal control guidelines which should be in place to protect a business's cash by selecting the correct answers below. ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
To analyze evidence, the original is obtained from storage, a copy of the evidence is made for analysis, and the original is returned to storage, because it is crucial that the analysis never takes place on the original evidence. A. True B. False
Answers (1)
Ottawa, Inc. provides the following dа ta: 2019 2018 Cash $23,000 $22,000 Accounts Receivable, Net 37,000 37,000 Merchandise Inventory 55,000 25,000 Property, Plant, and Equipment, Net 127,000 96,000 Total Assets $242,000 $180,000 For the year
Answers (1)
Marginal utility is A. the total utility received from consuming a certain quantity of a good divided by the quantity. B. the utility received from consuming one unit of a good. C.
Answers (2)
In the fourteenth century it is estimated that deaths resulting from the bubonic plague reduced the population by about a third. Assuming diminishing returns, the decrease in population should have a. increased productivity and real GDP per person.
Answers (1)
Revenue is: A. The amount of money a company has left over after paying bills B. The amount of money a company pays its employees. C. The amount of taxes a company has to pay D. The amount of money a company makes from sales.
Answers (2)
New Questions in Business
Dogwood, Inc. earned revenues of $11,000 and incurred expenses of $7,500. The company declared and paid cash dividends of $2,000.
Answers (1)
After Sunshine Systems merged with RTD Enterprises, company executives noticed that due to increased employee collaboration between the two units, costs were down and revenues increased within both areas.
Answers (1)
When the consumer price index rises, the typical family a. has to spend more dollars to maintain the same standard of living. b. can spend fewer dollars to maintain the same standard of living. c. finds that its standard of living is not affected. d.
Answers (1)
A magazine subscription costs $45 per year at the beginning of each year, or $115 now for a three-year subscription. If the subscriber elects to pay the $115 now, the rate of return on the investment will be nearest to:
Answers (2)
The second step in rational decision making is to: choose the solution that maximizes value. identify the criteria that are important in making the decision. evaluate the alternatives. implement the alternative.
Answers (1)