Question

Verify all undeposited checks in relation to the prescribed frequency and

timeliness of deposits________

Answer 1

To verify all undeposited checks, follow these steps: record checks, compare with bank statements, check dates, calculate time elapsed.

Step-by-step explanation:

To verify all undeposited checks in relation to the prescribed frequency and timeliness of deposits, you should follow these steps:

1. Record each check received in a check log or register.
2. Compare the recorded checks against the bank statements to ensure all checks have been deposited.
3. Check the dates on the checks and compare them to the prescribed frequency for making deposits.
4. Calculate the time elapsed between receiving the checks and depositing them to ensure they were deposited within the prescribed timeliness.

By following these steps, you can ensure that all undeposited checks are verified in relation to the prescribed frequency and timeliness of deposits.