Identify the internal control principles in given controls

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Reference no: EM131828243

Question: 1."To have maximum effective internal control over cash disbursements, all payments should be made by check." Is this true? Explain.

2. Pauli Company's internal controls over cash disbursements provide for the treasurer to sign checks imprinted by a checkwriter after comparing the check with the approved invoice. Identify the internal control principles that are present in these controls.

Reference no: EM131828243

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Identify the internal control principles in given controls : Pauli Company's internal controls over cash disbursements provide for the treasurer to sign checks imprinted by a checkwriter after comparing the check.

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