Examlex
Which of the following should LEAST likely be kept by salespeople?
Certificates of Deposit
Time deposit financial products provided by banks that offer a fixed interest rate in exchange for keeping a deposit untouched for a predetermined period.
Petty Cash
A small amount of cash on hand used for covering minor expenses, managed through a petty cash fund.
Money Orders
A financial instrument, purchased for a specific amount of money, that is used for making payments from one party to another.
Internal Control System
Processes and procedures implemented by a company to ensure the integrity of financial and accounting information, promote accountability, and prevent fraud.
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