When a Sales Transaction Has Been Authorized, by the Signature

question 74

Multiple Choice

When a sales transaction has been authorized, by the signature of the designated employee, it means that the designated employee has done all of the following, except:

• A)Verified the sale is to an accepted customer
• B)The vendor's credit has been approved
• C)The price is correct
• D)Approval documented by a signature or initials of the designated employee

---

Definitions:

Poisson Distribution

A statistical distribution illustrating the likelihood of a specific count of occurrences within a definite time or space span, provided that these occurrences happen at a consistent, known rate and are independent of the duration since the preceding occurrence.

Hypergeometric Distribution

A probability distribution that describes the probability of k successes in n draws, without replacement, from a finite population containing a specific number of successes.

Computer Disks

Storage devices used to record and store digital information, such as hard drives, floppy disks, or optical discs.

Missing Pulses

Refers to the absence or loss of expected pulses in a sequence, often in the context of electronic or digital signals.