Having One Person Responsible for the Related Activities of Ordering

question 13

Multiple Choice

Having one person responsible for the related activities of ordering merchandise receiving goods and paying for them

• A) increases the potential for errors and fraud.
• B) decreases the potential for errors and fraud.
• C) is an example of good internal control.
• D) is a good example of safeguarding the company's assets.

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Definitions:

Conducting

The action of organizing, directing, or overseeing activities or processes.

Certification

A formal process by which an individual or organization is recognized for meeting specific standards or qualifications.

Certification Programs

Educational courses designed to train and assess individuals' expertise in a specific field, leading to certification.

Paralegal

A trained professional who assists lawyers in researching, preparing legal documents, and other tasks, operating under the supervision of an attorney.