Multiple Choice
Two individuals at a retail store work the same cash register.You evaluate this situation as
A) a violation of establishment of responsibility.
B) a violation of separation of duties.
C) supporting the establishment of responsibility.
D) supporting internal independent verification.
Correct Answer:
Verified
Correct Answer:
Verified
Q41: The treasurer should prepare and sign a
Q42: For which of the following errors should
Q43: A $300 petty cash fund has cash
Q44: Which of the following is <br><b>not</b> included
Q46: Electronic funds transfer (EFT) is a disbursement
Q47: At April 30, Kessler Company has the
Q50: Which of the following is <b>not</b> an
Q71: If a monthly cash budget is prepared
Q161: The responsibility for ordering receiving and paying
Q194: Control over cash disbursements is generally more