Consider internal control over receivables collections. what job must be withheld from a company's credit department in order to safeguard its cash? if the credit department does perform this job, what can a credit department employee do to hurt the company? what job must be withheld from a company's credit department in order to safeguard its cash? the company's credit department should not ▼ interact with the customer record customer payments take customer payments or have any other ▼ cash-accounting responsibilities cash-handling responsibilities responsibilities .

Clooney corp. establishes a petty cash fund for $225 and issues a credit card to its office manager. by the end of the month, employees made one expenditure from the petty cash fund (entertainment, $20) and three expenditures with the credit card (postage, $59; delivery, $84; supplies expense, $49).record all employee expenditures, and record the entry to replenish the petty cash fund. the credit card balance will be paid later. (if no entry is required for a transaction/event, select "no journal entry required" in the first account record expenditures from credit card and the petty cash fund.