Having One Person Responsible for the Related Activities of Ordering

question 13

Multiple Choice

Having one person responsible for the related activities of ordering merchandise receiving goods and paying for them

• A) increases the potential for errors and fraud.
• B) decreases the potential for errors and fraud.
• C) is an example of good internal control.
• D) is a good example of safeguarding the company's assets.

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Definitions:

Mean To

To convey or signify a particular intent, especially in communication, implying the underlying purpose or intention behind words or actions.

Family's Pet Dog

A dog owned by a family that serves as a companion or household pet.

Predictability

The degree to which future events or behaviors can be anticipated based on current knowledge or past experience.

Stability

The quality of being resistant to change, disruption, or deterioration, often used to describe systems or relationships.