Solution7

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Question 1 of 1

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313649

600

block

ich of the following is true of internal control?

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313652

600

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h of the following statements is true of the Sarbanes -Oxley Act?

Select the correct answer(s).

(0/0)

313654

780

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Which of the following is the basic internal control measure for cash?

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313655

120

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Which of the following is a measure for discouraging theft for a retail store that accepts cash receipts over the counter?

Select the correct answer(s).

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313656

120

none

f the following is described as a system where customers send their checks directly to a post office box that belongs to a bank?

Select the correct answer(s).

(0/0)

313657

120

none

a large company, the person who i s responsible for comparing cash and the bank balance is the

Select the correct answer(s).

(0/0)

313658

120

none

Which of the following is the first step in the purchasing and payment process?

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313659

120

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company check for payment must be signed by ________

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313660

120

none

amlined process that bypasses paper documents altogether and in which computers of retaile rs communicate directly with the computers of suppliers to automate routine business transactions is known

Select the correct answer(s).

(0/0)

313661

120

none

Which of the following statements describes a receiving report?

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313662

120

none

Which is the most liquid form of asset?

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313663

120

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morris Company established a pet ty cash fund with a $400 balance. Which of the following statements is incorrect

Select the correct answer(s).

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313664

120

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A way to account for petty cash by maintaining a constant balance in the petty cash account and which at any time requires that cash plus petty cash tickets must total the amount allocated to the petty cash fund, is known as the _______

Select the correct answer(s).

(0/0)

313665

120

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The petty cash fund had an initial imprest balance of $200. The fund currently holds $17 in cash, petty cash ticket for office supplies, $173, and delivery expense, $5. T he debit to Cash Short & Over would be

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Explanation

Sol) Fund balance $200 Cash on hand $17 Petty cash tickets $173 + $5 Total accounted for $195 Cash overage $ 5

313666

180

none

Solution7

Question 1 of 1

Time Left

ich of the following is true of internal control?

Select the correct answer(s).

(0/0)

h of the following statements is true of the Sarbanes -Oxley Act?

Select the correct answer(s).

(0/0)

Which of the following is the basic internal control measure for cash?

Select the correct answer(s).

(0/0)

Which of the following is a measure for discouraging theft for a retail store that accepts cash receipts over the counter?

Select the correct answer(s).

(0/0)

f the following is described as a system where customers send their checks directly to a post office box that belongs to a bank?

Select the correct answer(s).

(0/0)

a large company, the person who i s responsible for comparing cash and the bank balance is the

Select the correct answer(s).

(0/0)

Which of the following is the first step in the purchasing and payment process?

Select the correct answer(s).

(0/0)

company check for payment must be signed by ________

Select the correct answer(s).

(0/0)

amlined process that bypasses paper documents altogether and in which computers of retaile rs communicate directly with the computers of suppliers to automate routine business transactions is known

Select the correct answer(s).

(0/0)

Which of the following statements describes a receiving report?

Select the correct answer(s).

(0/0)

Which is the most liquid form of asset?

Select the correct answer(s).

(0/0)

morris Company established a pet ty cash fund with a $400 balance. Which of the following statements is incorrect

Select the correct answer(s).

(0/0)

A way to account for petty cash by maintaining a constant balance in the petty cash account and which at any time requires that cash plus petty cash tickets must total the amount allocated to the petty cash fund, is known as the _______

Select the correct answer(s).

(0/0)

The petty cash fund had an initial imprest balance of $200. The fund currently holds $17 in cash, petty cash ticket for office supplies, $173, and delivery expense, $5. T he debit to Cash Short & Over would be

Select the correct answer(s).

(0/0)

Explanation

When a check is is sued, the party who is paying the cash is referred to as the _______

Select the correct answer(s).

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