Professional Documents
Culture Documents
P94,508
P954
1,034
726
I and II only
II and III only
I and III only
I, II and III
2,214
96,722
18,972
77,750
500
77,250
4.) Taking only the information given, which of the following internal control deficiencies
allowed the cashier to steal and conceal the theft?
A. The cashier is also responsible for preparing the reconciliation
B. No one other than the cashier is responsible for tracing cash receipts to the deposits in
the bank
C. Both A and B
D. Neither A nor B
5.) What is the adjusted cash balance as of November 30, 2015?
A. P95,008
B. P91,411
C. P94,008
D. P87,814