Select the action that matches the category of internal control procedures. (Select all that apply.) Independent review and appraisal
a. One department should check on another
b. Internal audit staff ensure all is working as intended
c. Accounting and cash collection is properly separated
d. Blank checks are locked at all times when not in use
e. Origination of initial entry into accounting system
f. Specific authority is given by management for the performance of activities
a, b
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When merchandise for resale is purchased with cash, the transaction should be recorded in the
a. sales journal; b. cash receipts journal; c. purchases journal; d. cash payments journal; e. general journal.
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Identify the adverb or adverbs in the sentence. Terrific! They finally get to the mountains, but without a map or a cell phone!
Personal selling and advertising are both forms of sales promotion.
Answer the following statement true (T) or false (F)