Which of the following is a good internal control for cash payments? A.Payments to suppliers should be made as quickly as possible B.An experienced accountant should have total responsibility for all cash payment functions. C.Payments should be authorised before they are made D.Supporting documentation should be destroyed immediately after payment to avoid

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Which of the following is a good internal control for cash payments?

A.Payments to suppliers should be made as quickly as possible

B.An experienced accountant should have total responsibility for all cash payment functions.

C.Payments should be authorised before they are made

D.Supporting documentation should be destroyed immediately after payment to avoid

incorrectly twice.

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