Multiple Choice
Shrinkage prevention with accounting procedures includes
A) keeping limited cash on hand.
B) establishing strict procedures for obtaining petty cash.
C) keeping purchasing, receiving and paying functions separate.
D) all of the above
Correct Answer:
Verified
Correct Answer:
Verified
Q1: A key control system keeps all duplicate
Q2: Procedural controls include<br>A)requiring display of badges or
Q4: Having insurance and bonding specific employees may
Q5: The simplest way to have vehicle control
Q6: Educational measures to promote security include educating
Q7: A key control system _ the number
Q8: Effective closing procedures include all of the
Q9: Security personnel are responsible for _, that
Q10: Educational measures to promote security include establishing
Q11: Shrinkage is most commonly known as<br>A)burglary.<br>B)robbery.<br>C)employee theft.<br>D)all