Which of the Following Is Not an Important Control Over

question 34

Multiple Choice

Which of the following is not an important control over notes payable?

• A) There is proper authorization over the issuance of new notes payable.
• B) Notes payable are issued when the business climate is favorable.
• C) Adequate controls exist over repayment of interest and principal.
• D) There exist proper documents and records.

---

Definitions:

Macrosociology

A branch of sociology that focuses on studying the broad features of society, such as social structures and institutions, at a large scale.

Microsociology

The study of individual or small group dynamics within a larger social system.

Social Context

The environmental and cultural settings that influence an individual's behaviors, perceptions, and interactions within society.

Diversity

The variety of group experiences that result from the social structure of society.