the document that explains all differences between the company rsquo s cash records 643755
1. Michelle Darby receives cash from customers. Her other assigned job is to post the collections to customer accounts receivable. Her company has weak
a. assignment of responsibilities.
c. computer controls.
d. separation of duties.
a. avoids the need for separation of duties.
b. creates firewalls to protect data.
c. cannot be broken by hackers.
d. rearranges messages by a special process.
3. The document that explains all differences between the company’s cash records and the bank’s figures is called a(n)
a. bank collection.
b. electronic fund transfer.
c. bank statement.
d. bank reconciliation.