Storing Cash in a Company Safe Is an Application of Which

question 158

Multiple Choice

Storing cash in a company safe is an application of which internal control principle?

• A) Segregation of duties
• B) Documentation procedures
• C) Physical controls
• D) Establishment of responsibility

---

Definitions:

Clayton Act

A U.S. antitrust law passed in 1914, aimed at promoting fair competition and preventing unfair business practices.

Antitrust Laws

Regulations put in place to prevent unfair practices that restrict competition, such as monopolies and cartels.

Physical Attractiveness

Refers to the degree to which a person's physical features are considered aesthetically pleasing or beautiful.

Long-Term Partner

An individual with whom one maintains a prolonged romantic, sexual, or significant relational commitment.