A Major Control Available in a Small Company, Which Might

question 11

Multiple Choice

A major control available in a small company, which might not be feasible in a large company, is:

• A) a wider segregation of duties.
• B) a voucher system.
• C) the owner-manager's personal interest and close relationship with the personnel.
• D) fewer transactions to process.

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Definitions:

Investors

Individuals or entities that allocate capital with the expectation of receiving financial returns, typically through the purchase of assets like stocks or bonds.

Labor Market

The supply and demand for labor, where employers seek to hire workers and workers seek employment, typically analyzed by wages, hours, and conditions.

Fairness

The characteristic of forming opinions that are unbiased and honest.

Unemployment

The situation when individuals who are capable of working and actively seeking employment cannot find a job.