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biokam biokam
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A year ago
When dealing with the processing and recording of cash receipts,

▸ the most important concern is the theft of cash.

▸ theft can only occur before the receipts are entered into the records.

▸ cash receipts should be deposited at least monthly.

▸ the monthly statement is used to prepare the cash receipts journal.
Textbook 
Auditing and Assurance Services

Auditing and Assurance Services


Edition: 17th
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ggianolaggianola
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