Immediately upon receipt of cash, a responsible employee should:

A. prepare a control listing.
B. prepare a deposit slip in triplicate.
C. update the subsidiary accounts receivable records.
D. record the amount in the cash receipts journal.


Answer: A

Business

You might also like to view...

When R&D discoveries in the United States operations of Anadarko Petroleum Corporation can easily be communicated to and accepted by its operations in Ghana, it is an example of Anadarko's absorptive capacity.

A. true B. false

Business

Explain the three perspectives of organizational culture that may enhance economic performance. Which perspective was found to provide the highest level of long-term financial performance?   

What will be an ideal response?

Business

Asking candidates to complete a(n) ________ (in addition to or instead of résumé) allows employers to gather and store standardized data about each applicant

Fill in the blank(s) with correct word

Business

Which of the following is included in the cost of a plant asset?

A) amounts paid to make the asset ready for its intended use B) regular repair and maintenance costs C) replacement of damaged parts of the asset D) wages of workers who work use the asset in normal operations

Business