Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. cash must be subject to strict internal controls b

Cash must be subject to strict internal controls because it is the first asset shown...

70.2K

Verified Solution

Question

Accounting

Cash must be subject to strict internal controls because
it is the first asset shown on the balance sheet
small quantities of cash can represent significant value
rightful ownership of cash is difficult to prove
it has universal appeal
image

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Presented below are several facts related to ABC Company. Assume that no mention of these facts...

Accounting
Q

64 The allele for six fingers A is dominant over the allele for five fingers...

Biology
Q

Ethylene oxide is e the active agent in household bleach sporicidal a halogen only effective...

Biology
Q

Fill out the black to make the given table below a probability distribution x 0...

Basic Math
Q

The empty gas tank of a truck needs to be completely filled. The tank is...

Basic Math
Q

Consider the equation of circlesS? : x + y + 24x - 10y + a...

Basic Math
Q

Name the integers from the list below 1 3 7 5 20 0 42 6...

Algebra
Q

The recent implementation of TCJA Act of 2017 limits the deductions for state and local...

Accounting
Q

Amy Monroe wants to create a fund today that will enable her to withdraw $30,550...

Accounting
Q

Hannah will use the single filing status when she files her 2021 return. During the...

Accounting
Q

Teal Mountain Chocolatiers Ltd. began operations on January 1, 2024. During its first year, the...

Accounting
Q

Johnny took $20,000 loan from his employer, with an agreement to pay $1000 instalment every...

Accounting