Which of the Following Is an Example of a Company's

question 30

Multiple Choice

Which of the following is an example of a company's standard operating procedure?

• A) A general recommendation that all employees leave their work machines in good order
• B) A compulsory practice of employees cleaning their work areas at the end of each day
• C) An informal code of conduct prescribing that employees help each other if time permits
• D) A suggestion by the technical department to save all work-related files on D drive
• E) A recommendation by the HR department that employees wear formal clothes during the week

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Definitions:

Credit Memos

Documents issued to a customer, indicating a reduction in the amount that the customer owes to the company.

Refund Receipts

Documents that confirm the return of funds to a customer for returned goods or overpayment.

Double Entry Accounting

An accounting method where every transaction affects at least two accounts, involving equal and opposite entries to ensure the accounting equation remains balanced.

Journal Entry

A record that represents a single financial transaction in the books of accounts.