Which of the following is not an essential cash receipt internal control? Multiple Choice   Have the monthly bank statement sent to and reconciled by someone other than the employees who handle, record, and deposit the funds.   Before a bank deposit is made, check the funds to be deposited against the record made when the cash was received.   Keep cash receipts in a cash register, a locked cash drawer, or a safe while they are on the premises.   Ensure that the person who records cash receipts is the same person who receives and deposits the fun

College Accounting (Book Only): A Career Approach
13th Edition
ISBN:9781337280570
Author:Scott, Cathy J.
Publisher:Scott, Cathy J.
Chapter6: Bank Accounts, Cash Funds, And Internal Controls
Section: Chapter Questions
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Which of the following is not an essential cash receipt internal control?

Multiple Choice
  •  
    Have the monthly bank statement sent to and reconciled by someone other than the employees who handle, record, and deposit the funds.
  •  
    Before a bank deposit is made, check the funds to be deposited against the record made when the cash was received.
  •  
    Keep cash receipts in a cash register, a locked cash drawer, or a safe while they are on the premises.
  •  
    Ensure that the person who records cash receipts is the same person who receives and deposits the fun
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