Practice Quiz 7
Complete the following quiz for the lesson: Operating Expenses and Internal Controls
*
1 point
Captionless Image
*
1 point
Captionless Image
*
1 point
Captionless Image
Assume a $100 sale of merchandise requires collection of state sales tax of $7. If the full $107 dollars is received from the customer in cash, the journal entry on the merchant's books would include a credit to *
1 point
Internal controls are policies and procedures *
1 point
Which of the following policies or procedures should be included in a system of internal accounting controls over cash? *
1 point
Submit
This content is neither created nor endorsed by Google. Report Abuse - Terms of Service