Answered: Blank checks should not be…

Blank checks should not be pre-numbered. do not need to be safeguarded since they must be signed to be valid. should be safeguarded. should be pre-signed.

Auditing: A Risk Based-Approach (MindTap Course List)

11th Edition

ISBN:9781337619455

Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg

Publisher:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg

Chapter9: Auditing The Revenue Cycle.

Section: Chapter Questions

Problem 13CYBK

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Blank checks
should not be pre-numbered.
do not need to be safeguarded since they must be signed to be valid.
should be safeguarded.
Oshould be pre-signed.

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