Flashcards
Cash
Cards in this deck (3)
- 1What is cash? What is not cash?The general rule is that cash is something that the bank will deposit. Examples are coins, paper money, cheques.
Cash is not stuff like post-dated checks, returned checks, stale-dated. - 2What are the components of internal control?Monitoring, Control activities, Risk assessment, and Control Environment
- 3Describe the components of internal control in detail.
Information
- Description
- Accountant Accounting Flashcards on Cash, created by Ericson Rosario on 01/03/2021.
- Created by
- Ericson Rosario · Mar 2021
- Updated
- Mar 2, 2021
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