Asked by JENELLE POPELAS on Jul 17, 2024
Verified
Control over cash disbursements is generally more effective when
A) all bills are paid in cash.
B) disbursements are made by the accounts payable subsidiary clerk.
C) payments are made by check.
D) all purchases are made on credit.
Cash Disbursements
The funds that are paid out by a business, typically documented in a cash disbursements journal.
- Pinpoint the techniques used for the regulation of cash inflows and expenditures.
Verified Answer
AH
Akram HumeidanJul 18, 2024
Final Answer :
C
Explanation :
Payments made by check provide a paper trail and require authorization, making them more easily traceable and reducing the risk of fraudulent or unauthorized transactions.
Learning Objectives
- Pinpoint the techniques used for the regulation of cash inflows and expenditures.
Related questions
Vouchers Should Be Used for Purchases of Inventory and All ...
Internal Control of Cash Receipts Aims to Ensure That All ...
Internal Control of Cash Receipts Aims to Ensure That All ...
All of the Following Are Necessary Components of Internal Control ...
Which of the Following Is a Key Element of Internal ...