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:

Early Adulthood

A stage of human development that occurs approximately from the ages of 20 to 40, involving transitions in personal and professional life.

Sexual Orientation

A person's emotional, romantic, or sexual attraction to others, distinguished by different orientations such as heterosexual, homosexual, bisexual, and others.

Dichotomous Model

A conceptual framework that divides a topic or phenomenon into two mutually exclusive and exhaustive categories or parts.

Kinsey's Theory

A theory developed by Alfred Kinsey that suggests human sexuality exists on a continuum rather than being strictly heterosexual or homosexual.