Final answer:
All the options listed are internal control procedures to protect cash receipts: recording them immediately, providing receipts to customers, and depositing collections without delay.
Step-by-step explanation:
The question relates to internal control procedures designed to protect cash receipts within a business or organizational setting. Several key practices are recommended:
- Record cash collections immediately: This ensures that there is a timely and accurate record of all cash coming into the business.
- Provide customers with receipts: This is both a proof of purchase for the customer and an internal record of the sale.
- Deposit cash collections immediately: Prompt depositing reduces the risk of theft or loss of cash on-hand.
All of the answers listed above describe internal control procedures that are designed to provide security and accountability for cash transactions in an organization. Implementing these procedures is crucial for maintaining accurate financial records and protecting company assets.