If duties are properly segregated, the authorization function is performed by, the recording function is performed by, and cash processing is performed by the 1) accounts payable; purchasing; cashier 2) purchasing; accounts payable; cashier 3) purchasing; cashier; accounts payable 4) purchasing; accounts payable; treasurer

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
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If duties are properly segregated, the authorization function is performed by, the recording
function is performed by, and cash processing is performed by the 1) accounts payable;
purchasing; cashier 2) purchasing; accounts payable; cashier 3) purchasing; cashier;
accounts payable 4) purchasing; accounts payable; treasurer
Transcribed Image Text:If duties are properly segregated, the authorization function is performed by, the recording function is performed by, and cash processing is performed by the 1) accounts payable; purchasing; cashier 2) purchasing; accounts payable; cashier 3) purchasing; cashier; accounts payable 4) purchasing; accounts payable; treasurer
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