Proper segregation of duties calls for separation of the following functions:

A. Authorization, payment, and recording.
B. Authorization, execution, and payment.
C. Custody, execution, and reporting.
D. Authorization, recording, and custody.


Answer: D

Business

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A tax-exempt organization that receives its support primarily from a large number of individuals or corporations and a relatively small amount from investment income is called a:

A. Voluntary health and welfare organization. B. Public charity. C. Private foundation. D. Public foundation.

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An organizational story consists of a narrative and its ______.

Fill in the blank(s) with the appropriate word(s).

Business

List the main categories of voluntary benefits available to organizations.

What will be an ideal response?

Business

The reorder point for the EOQ model is?

a. d x L b. L c. d d. Q

Business