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Which of the following would be the best protection for a company that wishes to prevent the "lapping" of trade accounts receivable? A. Request that customers’ payment checks be made payable to the company and addressed to the treasurer. B. Segregate duties so that no employee has access to both checks from customers and currency from daily cash receipts. C. Segregate duties so that the bookkeeper in charge of the general ledger has no access to incoming mail. D. Have customers send payments directly to the company’s depository bank. |