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CHAPTER 8 INTERNAL CONTROL AND CASH PART 1 CHAPTER STUDY OBJECTIVES 1. Define internal control. 2. Identify the principles of internal control. 3. Explain the applications of internal control principles to cash receipts 4. Explain the applications of internal control principles to cash disbursements. 8 - 4 Test Bank for Accounting Principles, Eighth Edition 5. Describe the operation of a petty cash fund. 6. Indicate the control features of a bank account 7. Prepare a bank reconciliation. 8. Explain the reporting of cash.
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CHAPTER 8 INTERNAL CONTROL AND CASH PART 1
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