Question -
1. How is restricted cash handle in the balance sheet?
2. What is segregation of duties? Give an example of functions that should be separated.
3. Why do food stands have a sign that says, "If you don't receive a receipt, your meal is free"?
4. What methods can be used to determine bad debt expense? Is there one that supports GAAP more than the other?
Need 150-200 words response to each question.