The Following Set of Items Describes Activities Completed by a Company

question 127

Multiple Choice

The following set of items describes activities completed by a company in purchasing and paying for merchandise.For each activity, identify whether or not the activity adheres to or violates sound internal control procedures. Extensions and footings on purchase invoices are verified before the invoices are approved for payment

• A) Adheres to sound internal control procedures
• B) Violates sound internal control procedures
• C) Neither strengthens nor violates internal control

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Definitions:

Multiculturalism

The presence, acceptance, or promotion of multiple cultural traditions within a single community, society, or organization.

Inclusion

The practice of ensuring all individuals, regardless of their differences, have equal access to opportunities and resources in a group or society.

Social Identity

Social identity is an individual's sense of who they are based on their group memberships, where the groups people belong to are an important source of pride and self-esteem.

Affirmative Action

Policies and measures aimed at increasing the representation of historically disadvantaged groups in various areas such as employment, education, and business.