An Effective System of Internal Control Requires That at Least

question 159

True/False

An effective system of internal control requires that at least two individuals be assigned to one cash drawer so that each can serve as a check on the other.

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Definitions:

HR Forecasting Document

A strategic document used by human resources to predict future HR needs, including staffing requirements and skill shortages.

Resistance To Change

The reluctance or refusal to adapt to changes in the workplace or operational environments, often due to fear of the unknown or loss of status or job security.

Organizational Change

the process through which a company or organization changes its structure, strategies, operational methods, or culture to improve efficiency and effectiveness.

Cynicism

A negative attitude or skepticism towards something, often marked by a lack of trust or belief in its value or truth.