Which of the following is NOT an internal control over the petty cash fund?
A) Petty cash tickets are sequentially numbered.
B) A specific amount of cash is designated to be kept in the petty cash fund.
C) Petty cash tickets serve as the authorization voucher and explanation.
D) Two custodians should be assigned responsibility for the petty cash fund.
D) Two custodians should be assigned responsibility for the petty cash fund.
You might also like to view...
Answer the following statements true (T) or false (F)
1. An intrinsic reward is the payoff a person receives from others for performing a particular task. 2. When GE paid employee smokers up to $750 to quit and stay off cigarettes, it was an extrinsic reward. 3. Managers use motivation to get talented people to come work for them 4. Content perspectives of motivation emphasize the emotions that employees feel in the workplace.
The ________ concept is specifically focused on future company needs
A) societal marketing B) strategic planning C) direct marketing D) telemarketing E) consumer business
What are the three types of research and what research objectives do these methods attempt to achieve?
What will be an ideal response?
When a company receives an SBIR grant, any patent rights and software generated belong to:
A. the entrepreneur. B. the bank securing the loan. C. the Federal Government. D. the Small Business Administration.