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Which One of the Following Is an Example of a Specific

Question 14

Multiple Choice

Which one of the following is an example of a specific authorization?


A) The computer systems automatically reorder inventory when quantities fall below the economic order quantity.
B) The highest credit limit allowed for accounts receivable customers is $100 000.
C) Each sales transaction that exceeds the credit limit of a customer must be approved by the controller.
D) Grocery sales clerks may approve returns of goods less than ten dollars in value.

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