The Segregation of Duties Related to Sales Returns Would Ideally

question 99

Multiple Choice

The segregation of duties related to sales returns would ideally separate the function of performing the credit memo activity and all of the following, except:

• A)Credit approval
• B)Approve the credit memos
• C)Billing
• D)Data entry

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Definitions:

Common Resource

A resource like air or water that is non-excludable and rivalrous, meaning it's difficult to prevent anyone from using it, and one person's use diminishes others' use.

Common Resource

A resource like air or water that is not owned by anyone, but can be used freely by the public, often leading to overuse and depletion.

Socially Optimal

A condition or point at which the benefit to society is maximized, often considered in economic contexts to represent the most efficient allocation of resources.

Cost-Benefit Analysis

An estimate of the costs and benefits of providing a good. When governments use cost-benefit analysis, they estimate the social costs and social benefits of providing a public good.