Who is generally responsible for opening receipts when a company uses a lockbox to speed the handling of cash receipts?
A. company personnel
B. temporary employees in the town where the lockbox is located
C. bank employees
D. company controller
Answer:C
Who is generally responsible for opening receipts when a company uses a lockbox to speed the handling of cash receipts?
A. company personnel B. temporary employees in the town where the lockbox is located C. bank employees D. company controller