Which of the Following Is NOT a Significant Feature of a System

question 17

Multiple Choice

Which of the following is NOT a significant feature of a system of internal control over cash?

• A) Two staff members should sign cheques.
• B) The person who does bank reconciliations should not be the cashier.
• C) The staff member responsible for approving invoices for payment should sign cheques.
• D) Bank reconciliation statements are prepared at regular intervals.

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Definitions:

Environmental Consequences

The impact or outcomes that actions or policies have on the natural environment, including changes to ecosystems, biodiversity, and climate.

Friendship Patterns

The recurring structures and dynamics observed in how individuals form and maintain friendships.

Generalizing Change

The application or extension of observed changes or improvements from specific cases or contexts to broader situations or populations.

Relevant Situations

refers to scenarios or contexts that are pertinent or applicable to the matter at hand, often affecting decisions or actions.