If an Accounting Supervisor Were Allowed to Hire Employees, Approve

question 6

Multiple Choice

If an accounting supervisor were allowed to hire employees, approve the hours worked, prepare the paychecks, and deliver the paychecks, which of the categories of control activities would be violated?

• A)Adequate records
• B)Segregation of duties
• C)Authorization of transactions
• D)Independent checks

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Definitions:

Empowerment

The process of giving employees power and responsibility to make decisions and contribute to the organization's success, often leading to increased job satisfaction and productivity.

Reward Power

A form of power that is based on the ability to distribute rewards that others view as valuable.

Visionary Leadership

A leadership style characterized by the ability to create and articulate a realistic, credible, attractive vision of the future for an organization or company that grows out of and improves upon the present.

Long-Term Plans

Plans that typically look three or more years into the future.