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The Best Reason for Separating the Cash-Receiving Function from the Related

Question 142

Multiple Choice

The best reason for separating the cash-receiving function from the related record-keeping function is to:


A) Segregate cash payments from cash receipts.
B) Provide accountability for cash received.
C) Minimize misappropriations in cash receipts.
D) Improve physical security over the cash-receiving function.

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