Which of the Following Is Not a Good Control Activity

question 76

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:

Wendy's

A multinational fast-food chain known for its hamburgers, primarily operating in the United States.

Soviet Fashion Show

A staged event showcasing clothing designs that occurred within the Soviet Union, reflecting both political influence and cultural trends of the time.

Monopolistic Competition

A market structure where many firms sell products that are similar but not identical, leading to competition but with limited market power for each firm.

Consumer Awareness

The understanding and knowledge that consumers have about products, services, and their rights, influencing their purchasing decisions and behaviors.