Which one of the following situations reflects a weak internal control system?
a. All employees are well supervised.
b. A single employee is responsible for comparing a receiving report to an invoice.
c. All employees must take their vacations.
d. A single employee is responsible for collecting and recording of cash.
d
You might also like to view...
The proceeds of a life insurance policy payable to a spouse cannot be disposed of by will
Indicate whether the statement is true or false
Prime meridians are placed every 24 miles
Indicate whether the statement is true or false
Ten percent of the items produced by a machine are defective. Out of 15 items chosen at random,
a. what is the probability that exactly 3 items will be defective? b. what is the probability that less than 3 items will be defective? c. what is the probability that exactly 11 items will be non-defective?
Which of the following was developed to guarantee that an organization's products conform to the customer's requirements?
A. ISO 14000 B. ISO 22000 C. Six Sigma D. ISO 9000 E. TQM