When cash is received from a remote source, the accounting department then compares the total on the cash receipts list with the stamped deposit slip received from the bank. Which internal control principle is being met with this procedure?
A. Segregate duties
B. Independently verify
C. Restrict access
D. Document procedures
Answer: B
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Answer the following statements true (T) or false (F)
1. Conflict is the dramatic and often violent clash of opposing forces that lacks a simple resolution that would be satisfactory to all parties. 2. Certain kinds of conflict can be beneficial for organizations. 3. Another name for functional conflict is productive conflict. 4. According to research, negative conflict can have positive effects on performance.
Describe interpersonal skills and why businesses seek these skills in employees.
What will be an ideal response?
The organizational plan for an application message is most like that of a
a. routine news message to staff about a company matter. b. congratulatory message to a colleague or customer. c. request for colleagues to contribute to a charity. d. good-news message to customers concerning a price reduction.
Parol evidence may be presented to show that a written contract did not include all the important terms
Indicate whether the statement is true or false