The Internal Control Process That Requires the Approval of a Cash

question 3

Multiple Choice

The internal control process that requires the approval of a cash disbursement transaction to take place prior to the preparation of the check, will help to minimize the risk of:

• A)Fictitious payments
• B)Invalid payments
• C)Timing issues
• D)Stolen cash

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Definitions:

Repetitive Strain Injuries

Physical injuries that result from overuse of particular parts of the body, often caused by repetitive tasks or poor ergonomics.

Ergonomic Principles

Guidelines designed to improve comfort, efficiency, and safety in the design of workplaces, tools, and tasks, by considering human physical and psychological capabilities and limitations.

Bill C-45

Legislation introduced in Canada, also known as the Cannabis Act, which legalized the recreational use of marijuana and established regulatory frameworks for its sale.

Reasonable Steps

Actions that are considered adequate and sensible in ensuring certain outcomes or in fulfilling duties, often legal or regulatory obligations.