An Entity with a Large Volume of Customer Remittances by Mail

question 15

Multiple Choice

An entity with a large volume of customer remittances by mail could most likely reduce the risk of employee misappropriation of cash by using:

• A)employee fidelity bonds.
• B)independently prepared mailroom prelists.
• C)daily check summaries.
• D)a bank lockbox system.

---

Definitions:

Overconcern

Overconcern denotes an excessive preoccupation or worry about a particular issue or set of issues that might be perceived as disproportionate to their actual significance.

Serious Disease

A health condition that poses a substantial risk to an individual's life or long-term health.

Dissociative Identity Disorder

A mental disorder characterized by the presence of two or more distinct personality states or identities within a single individual, often arising as a response to severe trauma.