A Sales Forecast Is an Example of an Organizational Control

question 37

Multiple Choice

A sales forecast is an example of an organizational control from the ________ area.

• A) informational
• B) physical
• C) human resources
• D) financial
• E) capital

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Definitions:

Transfer Warranty

Guarantees made by the seller about the quality and title of goods being sold, ensuring they are free from any claims and encumbrances.

Remotely Created Checks

Checks that are created by the payee using the payer’s bank account information, without the payer’s direct signature, often used for telephone or online transactions.

Implies

Suggests or indicates something without expressing it directly.

Draws

In a financial context, it refers to a type of credit advance or salary payment made against future earnings or revenue.