Which of the following is not an internal control activity for cash?
A) The amount of cash on hand should be kept to a minimum.
B) Banking facilities should be used as much as possible.
C) Employees who have access to cash should be bonded.
D) All payments should be made with currency, not checks.
D
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Which of the following is a proper control for the detection of unusual sales transactions recorded in the general ledger?
a. Electronic authorization prior to posting. b. Use of sequentially numbered sales documents. c. Random statements to customers. d. Review of transactions by upper management or the board.
Which organizational culture artifact below is defined as formalized actions and planned routines?
A. stories B. ceremonies C. symbols D. rituals
Career fairs ________
A) allow recruiters come to conduct on-campus interviews at a school B) give you a limited amount of time to impress recruiters C) are casual in nature and don't require you to wear professional clothing D) are best visited later in the day, after recruiters have finished meeting most of the job seekers E) are an opportunity to answer questions, not ask them
"Consideration" refers to the voluntary consent of all of the parties to a contract.
Answer the following statement true (T) or false (F)