Which of the following generally would not be considered good internal control of cash receipts? a. Allowing customers to pay with a debit card. b. Requiring the employee receiving the cash from the customer to also deposit the cash into the company’s bank account. c. Recording cash receipts as soon as they are received. d. Allowing customers to pay with a credit card.

Auditing: A Risk Based-Approach (MindTap Course List)
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Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
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Chapter10: Auditing Cash, Marketable Securities, And Complex Financial Instruments
Section: Chapter Questions
Problem 16CYBK
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Which of the following generally would not be considered good internal control of cash receipts?
a. Allowing customers to pay with a debit card.
b. Requiring the employee receiving the cash from the customer to also deposit the cash into the company’s bank account.
c. Recording cash receipts as soon as they are received.
d. Allowing customers to pay with a credit card.

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