The Operational Responsibility and the Recording of Transactions Are Normally

question 7

Multiple Choice

The operational responsibility and the recording of transactions are normally kept separate

• A)to centralize activities in order to be more cost efficient.
• B)to ensure unbiased information is recorded.
• C)because operational personnel rarely have the necessary accounting skills to record transactions.
• D)to avoid confusion of responsibilities and duplication of efforts.

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Definitions:

Mean Weight

Mean weight refers to the average weight calculated by dividing the sum of all weights in a set by the number of weights.

Net Income

The total earnings or profit of a company after subtracting all expenses, taxes, and costs.

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A numerical outcome-based variable originating from a random phenomenon.

Defective Light Bulbs

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