Which of the following generally would be considered a good internal control over cash payments?...
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Which of the following generally would be considered a good internal control over cash payments? Multiple Choice Ensure checks are serially numbered and signed only by authorized employees. The employee who authorizes payment should also be the employee who prepares the check. Employees responsible for making cash disbursements should also be in charge of cash receipts. Require only one signature for larger checks.
Which of the following generally would be considered a good internal control over cash payments?
Multiple Choice
Ensure checks are serially numbered and signed only by authorized employees.
The employee who authorizes payment should also be the employee who prepares the check.
Employees responsible for making cash disbursements should also be in charge of cash receipts.
Require only one signature for larger checks.
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