Examlex

Solved

Which of the Following Areas of Control for Organizations Exerts

question 70

Multiple Choice

Which of the following areas of control for organizations exerts informal control?


Definitions:

Oral

Pertaining to words spoken, rather than written, used for communication.

Stop-Payment Order

An instruction given to a bank by an account holder not to pay or to halt a payment that has been issued on a check or an electronic withdrawal.

Authorized

Having official permission or approval to do something.

Drawer

In a transaction involving a check or draft, the drawer is the party that writes and signs the check, ordering the bank to pay a specified sum to the payee.

Related Questions