Independent Internal Verification of the Physical Inventory Process Occurs When

question 122

Multiple Choice

Independent internal verification of the physical inventory process occurs when

• A) the employee is required to count all items twice for sake of verification.
• B) the items counted are compared to the inventory account balance.
• C) a second employee counts the inventory and compares the result to the count made by the first employee.
• D) all prenumbered inventory tags are accounted for.

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Definitions:

Stereotype Threat

The risk of confirming negative stereotypes about one's group, which can have a detrimental effect on performance and behavior.

Stereotype Lift

A phenomenon wherein individuals from non-stereotyped groups perform better in situations where their counterparts are negatively stereotyped.

Stigma Consciousness

The awareness or sensitivity to the stigma one might face based on an attribute, identity, or status, affecting how one navigates social interactions and perceives oneself.

Discrimination Discrepancy

A difference or inconsistency in the treatment of individuals or groups based on characteristics such as race, gender, or age.