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Q: What are the five key control objectives of the cash payment system?
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What are the 5 key control objectives in cash payment system?

list 5 key control objectives in a cash payment system


What are the 5 key control objectives in cash payments?

list 5 key control objectives in a cash payment system


What are the five key control objectives in cash payment system?

No


What is the system called The system of preparing financial statements based on recognizing revenues when the cash is received and reporting expenses when the cash is paid?

i don't now [Jabirshah] The system for recognizing revenues influenced with payment and receipt of cash is called "Cash base accounting system".


Payment by check or payment by cash?

cash payment limited for budget 2010-2011


Accounting and its functional objectives?

There are many objectives to accounting. A systematic accounting system will should have the following objectives: to maintain cash account balances, to detect fraud, and maintain ledger account balances.


How does objectives of cash management differ from goals of cash of management?

A goal is to accomplish the objectives. They are co-dependent.


What happens when cash is received in payment of an account?

Received cash from a customer as payment on account


An application of good internal control over cash disbursements is...?

following payment, the approved invoice should be stamped "paid"


If a company will not take your cash payment do you still owe the money?

Yes, but it's strange they won't take cash. Try to find out what form they want payment in, and then try to make payment that way. If cash is the only way you can do it, call them and ask how to make a payment in cash.


What is journal entry for fluctuating fund system?

establishment of fund: petty cash fund xx cash in bank xx payment of expenses out of the petty cash fund: expenses xx petty cash fund xx


What is the journal entry for down payment of cash?

[Debit] Down payment xxxx [Credit] cash xxxx