Preparing a Bank Reconciliation on a Monthly Basis Is an Example

question 120

Multiple Choice

Preparing a bank reconciliation on a monthly basis is an example of:

• A)Establishing responsibility.
• B)Separation of duties.
• C)Protecting assets by proving the accuracy of cash records.
• D)A technological control.
• E)Poor internal control.

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Definitions:

Anxiety Disorder

A mental health disorder characterized by feelings of worry, anxiety, or fear that are strong enough to interfere with one's daily activities.

Biological Condition

A state or circumstance of a living organism or bodily part resulting from a genetic or environmental factor.

Etiology

Factors that contribute to the development of disordered thoughts, emotions, and/or behaviors.

Obsessive-compulsive Disorder (OCD)

A mental health disorder where a person has recurring, unwanted thoughts (obsessions) and behaviors (compulsions) they feel compelled to repeat.