Which of the Following Is Not a Reason Why It

question 125

Multiple Choice

Which of the following is not a reason why it is especially important for companies to have internal controls over cash?

• A) Most businesses accept remote sources of payment on account.
• B) The volume of cash transactions is enormous.
• C) Cash is portable.
• D) There is a high risk of theft of cash.

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Definitions:

Historical Forces

Factors and events from the past that have a significant impact on the present and future course of society.

Family Structure

The composition and organization of a household, including the relationships and roles of its members.

Sect

Group that has broken off from an established church.

Church

A formal organization that sees itself and is seen by society as a primary and legitimate religious institution.