Allowing Only the Treasurer to Sign Checks Is an Example

question 227

Multiple Choice

Allowing only the treasurer to sign checks is an example of

• A) documentation procedures.
• B) segregation of duties.
• C) other controls.
• D) establishment of responsibility.

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Definitions:

European Countries

Nations located on the continent of Europe, each with its own unique cultural, political, and economic characteristics.

Standardization

The process of making something conform to a standard in order to ensure consistency and interoperability across different platforms, products, or systems.

Multidomestic Strategy

A strategy that concentrates on the development of foreign markets by selling to foreign nationals.

Multinational Strategy

Standardizing the products and services around the world to gain efficiency.