Preparing a bank reconciliation on a monthly basis is an example of:
A. Separation of duties.
B. Poor internal control.
C. Establishing responsibility.
D. A technological control.
E. Protecting assets by proving the accuracy of cash records.
Answer: E
You might also like to view...
The ______ requires that if a new employee had group health insurance at a previous employer and the new employer has healthcare coverage for their employees, the new employer is required to provide the new employee with the opportunity to participate in their health insurance plan.
A. Family and Medical Leave Act B. Patient Protection and Affordable Care Act C. Consolidated Omnibus Budget Reconciliation Act D. Health Insurance Portability and Accountability Act
The issue price of bonds is the ________ of the bonds' cash payments, discounted at the bonds' market rate.
What will be an ideal response?
When the employees of a large maintenance and building repair company tried to organize a union, the company fired several of the most active organizers, began holding one-on-one meetings to interrogate employees about their intentions, and sent each employee a letter with veiled threats about what would happen if they joined the union. This employer is utilizing:
A. Theory X management tactics. B. Adversarial HR management. C. Union substitution tactics. D. Union suppression tactics.
________ is a cost factor performance characteristic of Retail Storage at Consumer Pickup Sites that is higher than all other options
A) Transportation B) Inventory C) Information D) Facilities and Handling