Accounting: Tools for Business Decision Making, 5th Edition

Published by Wiley
ISBN 10: 1118128168
ISBN 13: 978-1-11812-816-9

Chapter 7 - Fraud, Internal Control, and Cash - Questions: 15

Answer

1) Segregation of record-keeping from physical custody. 2) Documentation procedures, and 3) Independent internal verification.

Work Step by Step

The principles involved in making daily cash counts of over-the-counter receipts.
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