Learning Engagement #3
What procedures can help protect cash disbursements?
Provide examples within service or merchandize industries.
Instructor Guidance:
Review…and post Answers Before Wednesday and replies by Sunday 11:55PM
Chapter 4 of the text focuses on cash accounting, including internal controls and procedures to help prevent fraud. Yet fraud still takes place. As you answer the LE question, think of personal experiences that you can share on this topic. If you do not have any experiences, use the internet to conduct research.
Ensure you use both citations and references for any supporting research. Add specific content when responding to other student posts.
Ensure you post on time for full credit.
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