BBA 2010 DB 6 and 7
Please answer each discussion separate please
DB 6
Discuss whether you think the same person who receives cash payments should also prepare the bank reconciliation. Give a least one reason to support your answer.
DB 7
Identify a company, business, or organization in your community (it can be one for which you work) and share some examples of current and long-term liabilities for that company. Discuss the financial statement presentation requirements for the company's current and long-term liabilities.