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Which One of the Following Is Not a Control Activity

question 70

Multiple Choice

Which one of the following is not a control activity implemented in most accounting systems?


Definitions:

Patent

A government-granted exclusive right to an inventor for a limited period, protecting their invention from unauthorized use, reproduction, or sale.

Breach of Contract

Failure to perform any term of a contract, written or oral, without a legitimate legal excuse.

Reject the Offer

The act of declining a proposal or bid, potentially in negotiations, contracts, or transactions.

Accept the Offer

Agreeing to the terms or conditions presented in an offer, thereby entering into a binding contract.

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