Employee fraud is less likely to occur when access to assets and access to accounting records are separated. When employee expenditures with company-issued credit cards are recorded: Investing cash flows include which of the following? Published financial statements may be incorrect because of, Currency, coins, and checking accounts are considered cash, whereas short-term highly liquid investments of 3 months or less are considered, A(n) _________ difference in cash occurs when a company records a transaction either before or after the bank records the same transaction. After comparing this to the company's cash records, Damon's accountants determine that deposits outstanding total $4,200 and checks outstanding total $4,450. Which of the following describes the financing activities section of the statement of cash flows A--it includes the increases and decreases of long term assets B--It includes interest and dividend income and cash payments for interest expense C-- It reports on activities … Not a cash flow. (Enter only one word.). Sarbanes-Oxley Act (SOX) was passed in response to: Corporate scandals involving unethical behavior of top executives. D. Selling goods or services to customers. Consistent with the COSO framework, an effective internal control system includes the control environment. Financing cash flows include which of the following? 34) Which of the following would be included in cash flows from investing activities? Payment for land. Management periodically determines whether the amount of physical assets agree with the accounting records. question now and for free without signing up. When preparing a bank reconciliation, outstanding checks would be: Investing cash flows include which of the following? a. Payment of cash dividends to stockholders. Purchase of a building with cash. Cash received from the sale of a used company truck. Investing cash flows would include which of the following? What is the concept behind separation of duties in establishing internal control? Which of the following generally would not be considered good internal control of cash receipts? The primary reason the balance of cash in the company's records will differ from the balance of cash in the bank's records includes: Timing differences of recording cash transactions by the company and by the bank. Payment of cash dividends to stockholders. This answer has been viewed 25 times yesterday and 837 times during the last 30 days. authorizing transactions, recording transactions, and maintaining control of the related assets should be separated among employees. the ending balance of cash in the accounting records. Payment of cash dividends to stockholders. A bank reconciliation is a procedure used to determine if the cash balance in the bank statement equals. Investing cash flows would include which of the following? The company should provide employees with appropriate guidance to ensure they have the knowledge necessary to carry out their job duties. B)Purchase of land. Section 404 of the Sarbanes-Oxley Act requires companies to: Corporate executive accountability under the Sarbanes-Oxley Act requires corporate executives to: Personally certify the company's financial statements. What amount of cash will be reported in the current year's balance sheet? Operating cash flows would include which of the following? A company's own cash records show a balance of $3,200. Investing cash flows would include which of the following? At the end of the previous year, a company's balance sheet reports cash of $30,000. Let’s look at an example of what investing activities include. Purchase of office supplies with cash.-Providing services to customers on account is considered a(n): Financing cash flow. Match each activity with its classification on the statement of cash flows. individuals who have physical responsibility for assets should not have access to accounting records. In a bank reconciliation, the electronic funds transfer (EFT) received by the bank from a customer's note receivable owed to the company is ______. Important internal control procedures for employee purchases include: This month's bank statement shows interest earned of $45. Operating cash flows would include which of the following? 10 have arrived to our website from a total 90 that searched for it, by searching Investing Cash Flows Would Include Which Of The Following?. Investing cash flows in the statement of cash flows would include which of the following? After examining the bank statement, the following information is revealed: When preparing a bank reconciliation, nonsufficient funds (NSF) checks would be: Subtracted from the company's cash balance. 58. D) Cash received from an issuance of bonds. -Investing cash flows would include which of the following? Cash flow from investing activities is one of the sections on the cash flow statement that reports how much cash has been generated or spent from various investment-related activities in … Cash received from the sale of a used company truck. Payment of cash dividends to stockholders. 58. The control environment refers to: What is a direct purpose of internal controls? The Sarbanes-Oxley Act (SOX) mandates which of the following?

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