City Advertising Services hired a new accounting manager. He signed a contract for a new accounting information system, but his position did not specify whether he was authorized to do so or not. Which internal control procedure needs strengthening?
A) assignment of responsibilities
B) competent, reliable, and ethical personnel
C) separation of duties
D) documents
A) assignment of responsibilities
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Mail panels are being gradually replaced by ________ panels in many parts of the world
A) scanner B) diary C) media D) Internet
The date the directors vote to declare and pay a dividend is called the:
A. Liquidating date. B. Date of stockholders' meeting. C. Date of record. D. Date of payment. E. Date of declaration.
The doctrine of separation of powers refers to the power of the courts to determine the constitutionality of statutory law
a. True b. False
Overtime pay is required to be paid to nonexempt employees who work:
A) Over 12 hours per day. B) Over 8 hours per day. C) Over 10 hours per day. D) Over 40 hours per week.