Which of the Following Is not a Good Control Activity

question 48

Multiple Choice

Which of the following is not a good control activity over cash?

• A)Payments to creditors should be made in cash.
• B)There should be limited access to cash.
• C)The amount of cash on hand should be kept at a minimum.
• D)Cash should be deposited daily.

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Definitions:

Job Specification

A detailed description of the qualifications, skills, and experience required for a specific job position.

Valid Driver's Licence

An official document certifying that the holder is authorized to operate one or more types of motorized vehicles, such as a car, truck, or motorcycle, on public roads.

Proportional Value

The relationship or ratio between two quantities, measuring how the change in one affects the other in a comparative context.

Comparing Job Classes

The process of analysis and evaluation of different job categories within an organization to ensure equitable compensation and responsibilities.