Which of the Following Controls Would Be Most Effective in Assuring

question 671

Multiple Choice

Which of the following controls would be most effective in assuring that the proper custody of assets in the investing cycle is maintained?

• A) Direct access to securities in the safety deposit box is limited to only one corporate officer.
• B) Personnel who post investment transactions to the general ledger are not permitted to update the investment subsidiary ledger.
• C) The purchase and sale of investments are executed on the specific authorization of the board of directors.
• D) The recorded balances in the investment subsidiary ledger are periodically compared with the contents of the safety deposit box by independent personnel.

Understand the role of organizational rites, rituals, symbols, and ceremonies in shaping culture.

Recognize methods and consequences of influencing or changing organizational culture.

Discern between issues of external adaptation and other operational challenges organizations face.

Identify and describe the structures of the female reproductive tract.

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Definitions:

Nonrenewable Resource

Resources that cannot be replenished naturally within a human lifespan, such as fossil fuels and minerals.

Electronic Devices

Equipment that uses electrical power to achieve a particular function, including devices like smartphones and laptops.

Sustainability

The ability to maintain or improve environmental, social, and economic conditions for future generations through responsible and careful use of resources.

Biodiversity

The variety of life in the world or in a particular habitat or ecosystem.