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.

Grasp the role of intellectual property law in franchising.

Understand the factors influencing the choice of business organization form by entrepreneurs.

Recognize the importance of good faith and fair dealing in franchise termination.

Understand the mechanisms for protecting franchisees from unfair practices and terminations.

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Definitions:

Parent-Teacher Conferences

Meetings between a student's parents or guardians and teachers to discuss the student's progress, needs, and any concerns or achievements in their education.

Academic Progress

The measurement of how much a student has learned and improved in their knowledge and skills over a specific period in an educational setting.

Mandatory

Something that is required by law or rules; obligatory.

Principal

The head administrator of a school, responsible for overseeing the daily operations, staff, and well-being of students.