Multiple Choice
Which of the following is a characteristic of a non-routine transaction?
A) A business encounters this type of transaction on a regular, recurring basis.
B) Required to have specific authorization.
C) Volume of transactions becomes second nature to the employees responsible.
D) Specific authorization for the specific transaction is not necessary.
Correct Answer:

Verified
Correct Answer:
Verified
Q15: There are a number of ways that
Q21: A company must have systems in place
Q38: This document authorizes the transfer of cash
Q46: Which of the following is not a
Q56: The internal control process of requiring management
Q63: A detailed listing of the company’s fixed
Q66: Overtime hours are paid at a rate
Q67: Factors that indicate the need for internal
Q70: The investment in fixed assets is often
Q84: Payroll outsourcing has become popular due to