Question

which of the following generally would not be considered good internal control of cash receipts? multiple choice allowing customers to pay with a credit card. recording cash receipts as soon as they are received. allowing customers to pay with a debit card. requiring the employee receiving the cash from the customer to also deposit the cash into the companys bank account.

Explanation:

Good internal control of cash receipts aims to prevent fraud and ensure accuracy. Separating duties is a key principle. Allowing the same employee who receives cash to also deposit it can create opportunities for embezzlement as there is no independent verification. Allowing credit - card and debit - card payments and recording cash receipts promptly are good control measures.

Answer:

D. Requiring the employee receiving the cash from the customer to also deposit the cash into the company's bank account