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:

Bowling Alone

A metaphor describing the decline in social engagement and community participation in American society, as examined in Robert Putnam's book detailing changes over the latter 20th century.

Social Networks

The structures made up of individuals or organizations that are connected by one or more specific types of interdependency, such as friendships, kinship, or common interests.

Quality Job Openings

Refers to employment opportunities that offer favorable conditions, good pay, benefits, and prospects for career advancement.

Women

Female human beings, often discussed in contexts emphasizing gender roles, rights, and social, cultural, and biological distinctions from men.