Effective Internal Control in a Small Company That Has an Insufficient

question 26

Multiple Choice

Effective internal control in a small company that has an insufficient number of employees to permit proper division of responsibilities can best be enhanced by

• A)employment of temporary personnel to aid in the segregation of duties.
• B)direct participation by the owner of the business in the record-keeping activities of the business.
• C)engaging a public accountant to perform monthly "write-up" work.
• D)delegation of full,clear-cut responsibility to each employee for the functions assigned to each.

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Definitions:

NOS

Not Otherwise Specified, a term used in medical coding and diagnosis when a more specific diagnosis cannot be made.

Unspecified

In medical contexts, "unspecified" often refers to conditions that are not clearly defined or categorized due to lack of detailed information.

Seventh Characters

In coding systems such as ICD-10, the seventh character is used to provide additional information about the condition or diagnosis.

Delayed Healing

The process where healing takes longer than the typical recovery time for injuries or wounds.