Which of the Following Policies Requires That Every Employee Be

question 27

Multiple Choice

Which of the following policies requires that every employee be able to perform the work of at least one other staff member?

• A) Collusion
• B) Job rotation
• C) Two-person control
• D) Separation of duties

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Definitions:

Actual Output

The real quantity of goods or services produced by a company during a specific period.

Labor Efficiency Variance

A measure in managerial accounting that compares the actual hours worked to the standard hours planned for a process, indicating efficiency in labor usage.

Labor Rate Variance

The difference between the actual labor costs incurred and the expected (or standard) labor costs for the production achieved.

May

Not a term that needs defining within the given context.