menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Financial Accounting Tools Study Set 5
  4. Exam
    Exam 7: Internal Control and Cash
  5. Question
    When Two or More People Get Together for the Purpose
Solved

When Two or More People Get Together for the Purpose

Question 82

Question 82

Multiple Choice

When two or more people get together for the purpose of circumventing prescribed controls, it is called


A) fraud prevention.
B) collusion.
C) a division of duties.
D) assignment of responsibilities.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q73: Electronic funds transfers never have to be

Q77: External auditors report on whether or not

Q77: Sunny Sky Corporation gathered the following reconciling

Q79: Which one of the following would not

Q80: Cash equivalents<br>A) include all investments in shares.<br>B)

Q83: Outstanding cheques from the prior period which

Q84: Independent internal reviews should be done<br>A) at

Q85: The use of electronic funds transfers<br>A) normally

Q86: Which of the following bank reconciliation items

Q90: Deposits in transit require an adjustment to

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines