Procedures That Can Be Used to Prevent And/or Detect Receivables

question 18

Multiple Choice

Procedures that can be used to prevent and/or detect receivables skimming include which of the following?

• A) Reconciling the bank statement regularly
• B) Mandating that employees take annual vacations
• C) Performing a trend analysis on the aging of customer accounts
• D) All of the above

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Definitions:

Personality

The combination of characteristics or qualities that form an individual's distinctive character, shaping their patterns of thought, feelings, and behaviors.

Factor

An element contributing to a particular result or situation.

Surface Traits

Observable qualities or characteristics of an individual's personality that can easily be inferred from behavior, as opposed to deeper, less observable traits.

Personality Characteristics

Traits that describe an individual's consistent patterns of thought, feeling, and behavior.