Which of the following is not an internal control activity for cash? An NSF check appears on the bank statement as a a. debit memorandum that increases the account balance. b. credit memorandum that increases the account balance. c. debit memorandum that decreases the account balance. d. credit memorandum that decreases the account balance. a. The functions of cash record keeping and cash custody are combined. b. The bank deposit receipt is returned to the Accounting Department where it is compared to the total amount that should have been deposited. c. Over-the-counter sales are processed with a cash register. d. For a cash payment, a voucher is prepared after all necessary supporting documents have been received.
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