Which of the following steps helps to protect cash from being stolen by employees?

A. Assigning only one person to authorize bill payments and to write the checks for payments
B. Hiring an employee to examine every aspect of cash inflows of a business
C. Having internal and external audits and ignoring any variances in the budget
D. Running periodic credit checks on employees who have access to a business's finances


Answer: D

Business

You might also like to view...

The second step in generating a media list that will help a marketer meet MPR goals is

A) hiring the right advertising agency. B) identifying the individual outlets. C) figuring out where consumers shop for particular products. D) harvesting consumers' e-mail addresses. E) purchasing public relations databases.

Business

How should you identify the title of a chapter in a book?

a. italic b. bold c. underline d. quotation marks

Business

Taking notes during a presentation or lecture can cause you to miss something or seem rude, so it should be avoided

Indicate whether the statement is true or false

Business

The distinction between public and private rights was established in:

a. Lichter v. United States b. Arizona v. California c. Panama Refining Co. v. Ryan d. Crowell v. Benson

Business