Which of the Following Is Consistent with Effective Internal Control

question 35

Multiple Choice

Which of the following is consistent with effective internal control over sales transactions?

• A)The accounting department prepares a shipping report authorizing the shipment of goods.
• B)The accounting department accounts for all receiving reports.
• C)The billing department accounts for all shipping documents.
• D)The accounts payable department annually approves the extension of credit to customers.

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Definitions:

Social Construction

The theory that aspects of social reality are created and maintained through collective and individual interactions.

Racial Oppression

The systemic subjugation and discrimination of individuals based on their race, often institutionalized in societal structures.

Dominant Group

A social group that possesses the greatest power, influence, and privileges within a particular society or context.

Critical Theory

A philosophical approach that critiques and seeks to transform society, emphasizing power structures and inequalities.