Accountıng I Deneme Sınavı Sorusu #1229742

  1. Businesses can keep their important amount of cash in a bank instead of keeping on hand.
  2. It is a way of protecting cash from possible thefts.
  3. It requires approval from both the business and the bank

Which of the statements above is true for using bank accounts as a control device?


Only II

I and II

II and III

I and III

I, II and III


Yanıt Açıklaması:
  • Businesses can keep their important amount of cash in a bank instead of keeping on hand.
  • It is a way of protecting cash from possible thefts.
  • It requires approval from both the business and the bank.
  • All of the statements above are true for bank accounts and their use as a control device
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