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:

Biological Psychology

A branch of psychology concerned with the links between biology and behavior, exploring how brain processes, genetics, and hormones influence actions and thoughts.

Humanism

Humanism is a philosophical stance emphasizing the value and agency of human beings, individually and collectively, often emphasizing human reason and ethics.

Observable Events

Phenomena or occurrences that can be seen and measured directly by the observer in research or studies.

Consciousness Elements

Fundamental components that make up the state of being aware of and able to think about one's own existence, sensations, and thoughts.