Which of the Following Is an Example of an Independent

question 39

Multiple Choice

Which of the following is an example of an independent check on performance?

• A) Every year, Doug is required to take one full week of vacation time.
• B) Greg is in charge of recording receipt of payments made to accounts receivable, while Susan is in charge of making deposits to the bank.
• C) Every evening, Shellie makes a back-up file of all transactions recorded in the computer that day, burns the back-up file onto a CD and then locks the CD into a fire-proof vault for the night.
• D) John, a clerk, is authorized to perform transactions as large as $5,000 but must maintain authorization from Andrea to perform larger transactions.

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Definitions:

Scheduling

The process of organizing activities or tasks with specific start and end times, often to enhance efficiency and productivity.

Court Dates

Scheduled appearances before a court of law, where legal cases are heard and decided.

Bankruptcy Law

A legal framework governing the process through which individuals or businesses unable to meet their financial obligations can seek relief from debts.

Debtors

Individuals or entities that owe money to another party.