Choice "A" is correct. A copy of the remittance listing is sent to the accounts receivable clerk and used to update the subsidiary accounts receivable records.
Choice "c" is incorrect. A copy of each remittance listing would not be sent to the internal audit staff.
Choice "b" is incorrect. The bank statement is typically reconciled by an employee having no part in authorizing or recording cash transactions, not by the treasurer.
Choice "d" is incorrect. The bank only receives a copy of the deposit slip, not the remittance listing.
