Accounting · Auditing and Internal Control
An auditor instructs a junior to confirm whether incoming post containing payments is opened by more than one individual. Over which of the following internal control objectives would this procedure primary provide assurance?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1Cash receipts are not misappropriated✓
- 2All cash receipts that occurred are recorded
- 3Cash receipts are recorded at the correct amounts in the ledger
- 4Cash receipts are posted to the correct receivables accounts
Correct answer
Cash receipts are not misappropriated
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Accounting?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Auditing and Internal Control MCQs →Want more practice questions on Auditing and Internal Control?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Accounting · Auditing and Internal Control