Which of the Following Statements Is False, Related to the Authorization

question 26

Multiple Choice

Which of the following statements is false, related to the authorization of transactions?

• A)Every transaction that occurs must be properly authorized in some manner.
• B)General Authorization is the set of guidelines that allows transactions to be completed as long as they fall within established parameters.
• C)It is not possible, nor is it important, to try to ensure that an organization engage only in transactions that are authorized.
• D)Specific authorization that explicit approval is needed for that single transaction to be completed.

---

Definitions:

Campaign Involvement

Refers to the active participation of individuals or groups in a campaign, typically aimed at achieving specific goals or promoting certain causes.

Nonprofit Organizations

Organizations that operate for the public or social benefit, without the goal of making profits for owners or shareholders.

Social Change

The variation in societal norms and cultural values over time, which impacts the way individuals and communities live and interact.

Worth

The value or importance of something, often measured in terms of money, effectiveness, or intrinsic merit.