Outline the importance of each of the following in an internal control system for cash: a that all cash should be banked daily, intact b the bank reconciliation statement c the segregation of duties...

Outline the importance of each of the following in an internal control system for cash: a that all cash should be banked daily, intact b the bank reconciliation statement c the segregation of duties for the mail opener, the cashier, the general ledger-keeper and the receivable ledger clerk d the receivable ledger clerk rotates jobs with the cashier each six months.



May 26, 2022
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