Which agency gives a tax clearance receipt in the sale of a business?

a. ABC
b. Department of Bulk Sales
c. HUD
d. Board of Equalization

Answer: d. Board of Equalization

Business

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Which of the following is the basic internal control measure for cash?

A) keeping money in a bank account B) checking for counterfeit bills C) counting cash receipts twice D) internal audit of cash procedures

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