Which of the Following Is not an Internal Control Activity

question 50

Multiple Choice

Which of the following is not an internal control activity for cash?

• A)All payments should be made with currency, not checks.
• B)Banking facilities should be used as much as possible.
• C)The amount of cash on hand should be kept to a minimum.
• D)Employees who have access to cash should be bonded.

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Definitions:

Concordance Rates

Statistical measures used in genetics to indicate the likelihood of a trait or condition being shared among individuals with a genetic relationship.

Bipolar Disorders

A psychological condition defined by severe changes in mood, from elevated states such as mania or hypomania to depressive episodes.

Genetic Component

Refers to the contribution of genes or heredity to the development of traits, behaviors, or diseases.

Genetic Vulnerability

A predisposition to develop certain medical conditions or diseases based on an individual's genetic makeup.