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The discussion focuses on internal controls for cash receipts received by mail, primarily checks. A key control method is the cash receipts log, which is prepared by the mail opener. This log plays a crucial role in ensuring separation of duties and establishing checks and balances among three other individuals involved in the process. After creating the log, the mail opener takes the cash receipts to the bank depositor. The bank depositor then reconciles the amounts listed in the cash receipts log with the actual cash receipts brought for deposit, ensuring accuracy and accountability in financial transactions.