Internal Controls That Address Liquidity Risk Include

question 60

Multiple Choice

Internal controls that address liquidity risk include:

• A)Sales and cash collections budgets.
• B)Aggressive collection policies.
• C)Both A and B.
• D)Neither A nor B.

---

Definitions:

Social Theory

A framework for understanding human behavior and society that seeks to explain social processes, structures, and changes.

Stable System

A system that remains constant over time or is capable of returning to its equilibrium state after any disturbances.

Symbolic Interactionism

A sociological perspective that focuses on how individuals interpret and give meaning to social interactions and symbols.

Social Situations

Circumstances that involve interactions between individuals in a societal setting.