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Chapter 6

ACCT 311 Chapter 6: Chapter 6 Summary


Department
Accounting
Course Code
ACCT-311
Professor
.
Chapter
6

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6 Accounting for Cash and Internal Controls
Internal Control
Purpose of Internal Control
Principles of Internal Control
Technology and Internal Control
Limitations of Internal Control
Control of Cash
Cash, Cash Equivalents, and Liquidity
Cash Management
Control of Cash Receipts
Control of Cash Disbursements
Banking Activities as Controls
Basic Bank Services
Bank Statement
Bank Reconciliation
*Important chapter for midterm, know theory !
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