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.

Understand strategies for managing organizational diversity effectively.

Recognize the concept and impact of stereotyping.

Define and understand ethnocentrism.

Define diversity and its importance in the organizational context.

---

Definitions:

Human Right

A right that is believed to belong justifiably to every person, encompassing basic freedoms and protections that should be upheld by all societies.

Security Laws

Regulations designed to protect investors, ensure fair market operations, and prevent financial frauds, governing the trade of stocks, bonds, and other securities.

Internet Growth

The rapid expansion of internet accessibility, usage, and technology developments, leading to widespread changes in communication, commerce, and information sharing globally.

Living Wage

A wage level that enables an employee to afford a basic but decent standard of living, considering the cost of living in their area.