Having Different Individuals Receive Cash, Record Cash Receipts, and Hold

question 35

Multiple Choice

Having different individuals receive cash, record cash receipts, and hold the cash is an example of

• A)establishment of responsibility.
• B)segregation of duties.
• C)documentation procedures.
• D)independent internal verification.

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Definitions:

Unconventional Thinking

A non-traditional or creative approach to problem-solving and idea generation.

Constraints

Limitations or restrictions that affect the course of an action or decision-making process.

Creative Problem Solver

An individual capable of thinking outside the box to find innovative solutions to complex challenges.

Intellectual Flexibility

The ability to adapt one's thinking and problem-solving strategies across various situations and contexts.