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Aleksandr [31]
3 years ago
13

Which of the following demonstrates a poor internal control procedure?

Chemistry
1 answer:
Alex_Xolod [135]3 years ago
5 0

Answer: The bookkeeper makes cash deposits and records journal entries related to cash, while the treasurer prepares the bank reconciliation.

Explanation: The bookkeeper in an organization is the person in charge of records keeping, his basic task is to keep financial records and therefore the bookkeeper has no business handling physical cash in an organization.

The financial secretary on the hand is in charge saving cash income and withdrawal of cash from an organization, this is done with the organization's accountant approval.

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