Waiting for answer This question has not been answered yet. You can hire a professional tutor to get the answer.

QUESTION

Week 5 Discussion

  • What are effective controls for cash and why are these controls considered to be effective?
  • List the principles of internal control activities and describe one of the principles
  • Define the five primary components of internal control systems.
  • What are some of the internal control principles that surround the cash disbursement function?
  • What are some of the components of a bank reconciliation?  Why is one performed?
  • What is a cash budget?
  • What are some of the internal control principles that surround the cash receipts function?
  • Describe the operation of petty cash.  Is it still a necessary function considering the electronic world we are currently living?

Please  put the question with your response and Please make sure each response is at least 100 words

Show more
LEARN MORE EFFECTIVELY AND GET BETTER GRADES!
Ask a Question