Bonding Personnel Who Handle Cash and Conducting Background Checks Are

question 212

Multiple Choice

Bonding personnel who handle cash and conducting background checks are examples of

• A) automated controls.
• B) external controls.
• C) human resource controls.
• D) physical controls.

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Definitions:

Minimum Amount

The smallest quantity or value permitted or possible in a given set of circumstances.

Dividends

Payments made by a corporation to its shareholder members, distributing a portion of the company’s earnings.

Liquidation

The process of winding up a company's financial affairs by selling off its assets to pay off debts.

Election

The process through which individuals select their leaders or decide on matters of public policy through voting in a democratic society.