The Security of Assets and Documents Would Include All of the Following

question 23

Multiple Choice

The security of assets and documents would include all of the following, except:

• A)Supervisors need to make certain that the assets are being used for their intended purpose.
• B)Designated members of management should be assigned responsibility for the disposal of any assets
• C)Maintaining adequate insurance coverage
• D)Electronic controls are needed to control access to automated records

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Definitions:

Financial Misdeeds

Wrongful or illegal actions involving the misuse or mismanagement of financial resources.

Investors

Entities or persons who invest resources anticipating a financial gain in return.

Social Responsibility

The practice of producing goods and services in a way that is not harmful to society or the environment and actively contributing to the well-being of global and local communities.

Charitable Contributions

Donations made by individuals or organizations to charitable causes for altruistic purposes.