financial accounting第七章课件.ppt

Financial accounting Chapter 7 Cash Nature of cash and the importance of Controls Over Cash Cash coins,currency(papermoney),checks,money orders,and money on deposit that is available for unrestricted withdrawal from banks and other financial institutions. The Controls Over Cash First,because of the ease with which money can be transferred ,cash is the asset most likely to be diverted and used improperly by employees;second, many transactions either directly or indirectly affect the receipt or the payment of cash. Businesses mu