What features of cash receipt internal control system would be expected to prevent the cash receipts journal and recorded cash sales from reflecting more than the amount shown on the daily deposit slip? * The shipping department then packs the merchandise, arranges transportation with a common carrier, and prepares a shipping document. The shipping document is a multi-copy document that lists the items, gives instructions to the common carrier as to whom and to what the address to ship the merchandise, and may serve as a packing slip for the merchandise. Copies of the shipping document are given to the carrier, and copies are sent to the billing department. All of the above

hich of the following is an internal control for checks received through the mail?Multiple ChoiceThe cashier prepares a journal entry to record price, quantity sold, and cash received.The accounting department counts the cash, prepares the deposit slip and deposits the cash in the bank.The accounting department compares the cash in the register with the cash count sheet.The mail clerk gives checks and money orders to the person who makes the bank deposit.

Select all that applyIdentify the examples of good internal control designed to protect over-the-counter cash receipts.Multiple select question.Clerks should be required to give the customer a receipt for each sale.The clerk and the cashier have access to cash, but not to the accounting records.The clerk who has access to cash in the register should have access to its locked-in record.The cash register should hold a temporary record of the transaction.

Proper control for over-the-counter cash receipts includesGroup of answer choicesusing electronic cash registers with no tapes.a cash register with totals visible to the customer.cash count sheets requiring only the cashier's signature.cash count sheets requiring only the supervisor's signature.

Select all that applyIdentify the examples of good internal controls designed to protect cash received in the mail.Multiple select question.The cashier records the amounts received in the accounting records.The bank balance is reconciled by the person(s) opening the mail.The recordkeeper and the person who reconciles the bank balance do not have access to cash.Two people are assigned the task of, and are present for, opening the mail.

Which of these is an important internal control over cash payments?Question 3Answera.stamping invoices PAIDb.paying creditors dailyc.using a cash register for all paymentsd.not making any payments out of petty cash