Select all that applyIdentify the examples of good internal control designed to protect over-the-counter cash receipts.Multiple select question.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.Clerks should be required to give the customer a receipt for each sale.The cash register should hold a temporary record of the transaction.

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 recordkeeper and the person who reconciles the bank balance do not have access to cash.The bank balance is reconciled by the person(s) opening the mail.Two people are assigned the task of, and are present for, opening the mail.

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.

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

Select all that applyIdentify the basic internal control guidelines which should be in place to protect a business's cash by selecting the correct answers below.Multiple select question.Excess cash should be left in the bank to maintain liquidity.Bills should be paid immediately.Handling cash is separate from recordkeeping of cash.Cash receipts are promptly deposited in a bank.Cash payments are made by check.

A good internal control to protect cash is to make cash payments usingMultiple choice question.checks or cashpetty cashcheckscash