Answer (D) is correct . The cashier is an assistant to the treasurer and thus performs an asset custody function. Individuals with custodial functions should not have access to the accounting records. If the cashier were allowed to post the receipts to the accounts receivable subsidiary ledger, an opportunity for embezzlement would arise that could be concealed by falsifying the books.
Answer (A) is incorrect because It is a part of the custodial function, which is the primary responsibility of a cashier.
Answer (B) is incorrect because It is a part of the custodial function, which is the primary responsibility of a cashier.
Answer (C) is incorrect because It is a part of the custodial function, which is the primary responsibility of a cashier.
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