Effective internal control over cash disbursements includes:?

a.the use of prenumbered checks.

b.the storage of blank checks in a secure place.

c.the separation of authorization of checks and the actual writing of the checks.

d.All of the above are part of effective internal control over cash disbursements.

Effective internal control over cash disbursements includes:?mortgage

all of the above

segregation of incompatible duties (care, custody, and control) for the disbursement of funds is pretty key. the person recording, authorizing, and releasing the checks should be 3 different people.

prenumbered checks will let you know if one%26#039;s missing; securing blank checks is self-explanatory

Effective internal control over cash disbursements includes:?

loan

rb_cubed: The question DID NOT leave out that signing check should be separate from preparing checks. That is what answer c. means. Report It

|||Sounds like an accounting quiz.

You left off the part where the signatory of the checks should be separate from the preparation of the checks.

But the correct answer is d.