________ Refers to the Transformation Process That Converts Resources Such

question 50

Multiple Choice

________ refers to the transformation process that converts resources such as labour and raw materials into finished goods and services.

• A)Control management
• B)Transformation management
• C)Systems management
• D)Operations management
• E)Planning management

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Definitions:

Human Resource Controls

Human Resource controls are mechanisms put in place to manage employees' performance and ensure compliance with organizational policies.

Segregation Of Duties

A fundamental internal control principle that divides responsibilities within an organization to reduce risks of errors or fraud.

Bank Reconciliation

The process of comparing the bank's records with the company's own records of its bank account to identify discrepancies.

Cash Receipts

Money received by a business from transactions, including sales, loan proceeds, and investment income.