Which of the Following Would Not Be Considered an Element

question 71

Multiple Choice

Which of the following would not be considered an element of good internal control?

• A) Require monthly reconciliation of bank accounts with the cash account.
• B) Require that approval for cash payments and the signing of cheques be assigned to different individuals.
• C) Require that all cash receipts be deposited on a daily basis.
• D) Require that the individual who handles cash receipts be responsible for the accounting function related to those funds.

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Definitions:

Absenteeism

The habitual non-presence of an individual, such as an employee, at their job or obligation without a valid reason.

Organizational Citizenship Behaviour

Organizational Citizenship Behaviour is the voluntary commitment of employees beyond formal job responsibilities, contributing to organizational effectiveness.

Withdrawal Response

A defensive reaction where an individual retreats or disengages from a situation, often due to stress or confrontation.

Job Dissatisfaction

A negative emotional state resulting from aspects of one's job or work environment not meeting their needs or expectations.