Which of the Following Is an Appropriate Internal Control Activity

question 151

Multiple Choice

Which of the following is an appropriate internal control activity for cash?

• A)Record keeping and custodianship over cash should be performed by the same person.
• B)Banking facilities should be used as little as possible.
• C)All payments should be made with currency, not checks.
• D)The amount of cash on hand should be kept to a minimum.

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Definitions:

Right Frontal Lobe

A region of the brain associated with decision making, problem-solving, impulse control, and social interactions.

Left Frontal Lobe

The region of the brain associated with reasoning, motor skills, higher level cognition, and expressive language.

Right Temporal Lobe

A region of the brain located in the temporal lobe on the right hemisphere, instrumental in processing visual memory, emotion, and interpreting sounds.

Left Temporal Lobe

A part of the brain located on the left side involved in understanding language, memory, and the sequencing and organization of information.