Which of the Following Is Not One of the Stated

question 27

Multiple Choice

Which of the following is not one of the stated physical controls for inventory in a warehouse?

• A)Surveillance Cameras
• B)Alarm Systems
• C)Backup Copies
• D)Security Guards

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Definitions:

Debtor

An individual or entity that owes money to another individual or entity, known as the creditor.

Financing Statement

A document filed to give public notice that a lender has a security interest in a debtor's personal property, used in secured transactions.

Termination Statement

An amendment to a financing statement, which states that the debtor has no obligation to the secured party.

Secured Party

A creditor or lender that has an interest, typically in the form of a lien, in the collateral offered by the debtor to secure a loan or obligation.