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Identify the basic internal control guidelines which should be in place to protect a business's cash by selecting the correct answers below. (Check all that apply.) Multiple select question. Handling cash is separate from recordkeeping of cash. Cash payments are made by check. Bills should be paid immediately. Excess cash should be left in the bank to maintain liquidity. Cash receipts are promptly deposited in a bank.

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Basic internal control guidelines for the protection of a business's cash include:

  • Handling cash is separate from recordkeeping of cash.
  • Cash payments are made by check.
  • Cash receipts are promptly deposited in a bank.

How can a business's cash be safe?

In order to ensure that the person recording cash does not steal any money, they should not have access to the handling of the cash.

Cash receipts should also be deposited in the bank as soon as possible to ensure that it is protected.

Find out more on internal control guidelines at https://brainly.com/question/15098287.

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