When a Company Has One Person Post Cash Receipts, and Another

question 17

Multiple Choice

When a company has one person post cash receipts, and another person deliver the deposit, this is an example of:

• A)restricted access.
• B)proper authorization.
• C)separation of duties.
• D)internal control limitations.

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Definitions:

Career Options

The range of possible jobs or professions available to an individual based on their interests, skills, and qualifications.

Identity Crisis

A period of uncertainty and confusion in which a person's sense of identity becomes insecure, typically during adolescence or other life transitions.

Psychological Moratorium

A period when adolescents experiment with different roles, values, beliefs, and relationships.

Life Roles

refer to the various positions individuals occupy in society, each with its own set of expectations, duties, and responsibilities.