Match the Items Below with Their Descriptions

question 10

Multiple Choice

Match the items below with their descriptions:
-quality movement

• A)central figure in the Quality movement
• B)three principles of an empowered workplace
• C)preferred sources of information
• D)gains the benefits of hard and soft sides of management
• E)two secrets to organizational success

Understand the components and significance of a voucher system in controlling cash receipts and disbursements.

Comprehend the cost-benefit principle underlying the adoption of internal control features by a company.

Recognize the responsibility of management in establishing an effective system of internal control.

Appreciate the objectives of a system of internal control, including the safeguarding of assets.

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Definitions:

Brand Name

The name given to a product or service by the company that owns it, used as an identification and marketing tool.

Diversification

A strategy to reduce risk by investing in a variety of assets or undertaking different types of business activities.

T-shirts

Casual garments made of fabric, typically with short sleeves and a round neckline, worn on the torso.

Energizer Batteries

A brand of batteries known for their long-lasting performance in various electronic devices.