Question

which of the following generally would be considered good internal control of cash disbursements? multiple choice the employee who authorizes payments should also prepare the check. make all cash disbursements using cash rather than debit cards or credit cards. the employee responsible for making cash disbursements should be in charge of cash receipts. set maximum purchase limits on debit cards and credit cards.

Explanation:

Internal control of cash disbursements aims to prevent fraud and errors. Separating duties is key. Setting maximum purchase limits on cards helps control spending. The first option violates separation - of - duties (authorizing and check - writing should be separate). Using only cash is not practical and may not enhance control. Combining cash disbursements and receipts duties is a bad practice as it can hide misappropriations.

Answer:

Set maximum purchase limits on debit cards and credit cards.