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  3. internal controls are not designed to safeguard as

Internal controls are not designed to safeguard assets from Select one: a. robbery....

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Accounting

Internal controls are not designed to safeguard assets from
Select one:
a. robbery.
b. natural disasters.
c. employee theft.
d. unauthorized use.
When an account becomes uncollectible and must be written off,
Select one:
a. Allowance for Doubtful Accounts should be credited.
b. Bad Debt Expense should be credited.
c. Sales Revenue should be debited.
d. Accounts Receivable should be credited.
Replenishing the petty cash fund requires
Select one:
a. a debit to Cash.
b. no accounting entry.
c. a debit to various expense accounts.
d. a credit to Petty Cash.

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