Transaction Authorisation Within an Organisation May Be Either Specific or General

question 78

Multiple Choice

Transaction authorisation within an organisation may be either specific or general. An example of specific transaction authorisation is the:

• A) setting of automatic reorder points for material or merchandise.
• B) approval of a detailed construction budget for a warehouse.
• C) establishment of requirements to be met in determining a customer's credit limits.
• D) establishment of sales prices for products to be sold to any customer.

---

Definitions:

Sanctions

Sanctions are rewards and punishments intended to ensure conformity to cultural guidelines.

Conformity

The adjustment of behavior, beliefs, and appearance to match those of the surrounding social group or societal norms.

Social Control

Mechanisms, strategies, and institutions society uses to enforce norms and laws, ensuring conformity and compliance among its members.

Human Genome

The complete set of nucleic acid sequences for humans, including all of its genes, encapsulating the biological information necessary for the construction and maintenance of a human being.