When a store purchases merchandise, why are individual departments not allowed to directly deal with…


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When a store purchases merchandise, why are individual departments not allowed to directly deal with… 1 answer below ยป 1. When a store purchases merchandise, why are individual departments not allowed to directly deal with suppliers? 2. What are the limitations of internal controls? 3. Which of the following assets is most liquid? Which is least liquid? Inventory, building, accounts receivable, or cash. 4. What is a petty cash receipt? Who should sign it? 5. Why should cash receipts be deposited on the day of receipt? Jul 18 2014 01:00 PM

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