Personnel Who Handle Cash Receipts Should Have the Option of Taking

question 44

True/False

Personnel who handle cash receipts should have the option of taking a vacation or not.

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Definitions:

Corporate Objective

The goals or plans that a corporation aims to achieve, which guide its operational and strategic decisions.

Shareholders

Individuals or entities that own one or more shares of stock in a public or private corporation, thereby having a financial stake in the company's performance.

Respondeat Superior

A law principle stating that an employer or a principal is legally liable for the improper actions of an employee or agent, provided those actions took place during the course of their employment or agency.

Tort

A civil wrong or injury, other than a breach of contract, for which the law provides a remedy in the form of damages to the injured party.