Which of the Following Internal Controls Most Likely Would Reduce

question 67

Multiple Choice

Which of the following internal controls most likely would reduce the risk of diversion of customer receipts by an entity's employees?

• A)A bank lockbox system.
• B)Prenumbered remittance advices.
• C)Monthly bank reconciliations.
• D)Daily deposit of cash receipts.

---

Definitions:

Marshall McLuhan

A media theorist and educator known for coining the expressions "the medium is the message" and "global village," and for his insights on how media affects societal structures and cultural perceptions.

Macrosociological

Relating to the study of large-scale societal structures and processes and their impact on individuals and groups.

Microsociological

Relating to the sociological approach that focuses on small-scale interactions and individual processes within society.

Social World

The realm of human interaction and relationships, encompassing various social structures, institutions, and cultures that define human societies.