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What internal control is in action for cash collections? 1. Video cameras are positioned to...

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Accounting

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What internal control is in action for cash collections? 1. Video cameras are positioned to record cashiers activities, 2. All cashiers are bonded. 3. Treasurer compares total cash receipts to bank deposits daily. 4. The treasurer is not allowed to make bank deposits. 5. Unused checks are stored in a locked room. 6. Cashiers have their own cash drawer. 7. The manager compares cash register receipts to cash in cashiers drawer. 8. The company uses remittance advices, cash register tapes, and deposit slips. 276

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