Reference no: EM131292031
1. A remittance advice is a(n):
Explanation for a payment by check.
Bank statement.
Internal voucher.
Electronic funds transfer.
Cancelled check.
2. An internal control system consists of the policies and procedures used to accomplish all of the following except:
Protect assets.
Ensure reliable accounting.
Guarantee a return to investors.
Urge adherence to company policies.
Promote efficient operations.
3. Cash equivalents:
Are short-term, highly liquid investment assets.
Include 6-month certificates of deposit.
Include checking accounts.
Are recorded in petty cash.
Include money orders.
Prepare make/buy analysis showing annual advantagadvantage
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Apital projects fund statements-government-wide statements
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Capital projects fund and government-wide statements
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Internal control system consists of policies-cash equivalent
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Days sales in inventory
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Should parks be classified as ordinary capital assets
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