A Company's Cash Custody Function Should Be Separated from the Related

question 55

Multiple Choice

A company's cash custody function should be separated from the related cash recordkeeping function in order to:

• A)Physically safeguard the cash
• B)Establish accountability for the cash
• C)Prevent the payment of cash disbursements from cash receipts
• D)Minimize opportunities for misappropriations of cash

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Definitions:

Adolescents

Individuals in the transitional stage of human development that occurs between puberty and legal adulthood, typically between the ages of 13 and 19.

Children

Individuals who are in the early stages of their lives, typically characterized by rapid physical and mental development.

Adolescent Groups

Social groups or cliques formed during adolescence, often based on interests, social status, or other affiliations.

Crowd

Large groups of people gathered in a location, often for a specific purpose or event.