Which of the Following Scenarios Reduces the Risk of an Employee

question 63

Multiple Choice

Which of the following scenarios reduces the risk of an employee fraud?

• A) An accountant being responsible for approving payments to a vendor
• B) The bank reconciliation being prepared by an accountant
• C) A sales clerk having access to the cash register
• D) Remittance advices being sent directly to the cashier

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Definitions:

Work Force

consists of all the people engaged in or available for work, either in a specific region or in the entire economy.

Demand Pull Inflation

An economic situation where prices rise because the demand for goods exceeds supply.

Aggregate Supply Curve

A visual depiction illustrating the aggregate amount of products and services that suppliers in an economy are prepared and capable of offering across various price points.

Keynes

Concerns John Maynard Keynes, a British economic theorist whose concepts transformed the study and application of macroeconomics as well as state economic policy.