Which of the Following Is the Best Control Procedure to Prevent

question 40

Multiple Choice

Which of the following is the best control procedure to prevent the payment of an invoice twice?

• A)Review of supporting documentation by the person signing the check.
• B)Requiring dual signatures on checks.
• C)Use of a check protector.
• D)Reconciliation of vendor statements to accounts payable.

Recognize the importance of environmental factors and community infrastructure in disease prevention.

Understand the historical development of public health initiatives and their impact on community health.

Analyze the role of government and non-governmental organizations in the advancement of public health.

Identify key figures and their contributions to public health and nursing.

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Definitions:

Price Increase

An adjustment in the cost of goods or services, typically resulting in consumers paying more for those items.

Contribution Margin Ratio

A financial metric that measures how much of a company's revenue is left over after variable costs are subtracted, expressed as a percentage of sales revenue.

Variable Expense Ratio

A ratio computed by dividing variable expenses by sales.

Operating Leverage

A financial concept that measures the proportion of fixed costs in a company's cost structure, indicating its sensitivity to changes in sales volume.