Which of the Following Situations Would Indicate a Susceptibility to Fraud

question 9

Multiple Choice

Which of the following situations would indicate a susceptibility to fraud that pertains to theft of cash?

• A)lack of segregation of duties between the handling of cash and the recording of cash
• B)cash disbursement cheques requiring only one authorizing signature
• C)payroll rates being approved by the corporate controller
• D)customer master file changes being handled by the controller's executive assistant

Distinguish between inside and outside sales roles and their specific responsibilities.

Comprehend the costs associated with sales activities, including outbound and field sales calls.

Understand the significance of personal selling in marketing and its impact on customer decision-making.

Recognize the use of telemarketing in sales, including inbound and outbound telemarketing.

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Definitions:

Unconscious Patronization

Actions or speech that belittle someone without the awareness of the person engaging in such behavior.

Hindsight Bias

The tendency to believe, after an event has occurred, that one would have predicted or expected the outcome.

Scapegoating

The practice of unfairly blaming an individual or group for problems or negative outcomes that they did not cause.

Automatic Reactions

Instantaneous responses or behaviors that occur without conscious decision-making, often as a result of learned behaviors or innate reflexes.