The Focus of Controls in the Finance and Investment Cycle

question 60

Multiple Choice

The focus of controls in the finance and investment cycle is on

• A) Proper authorizations and competent personnel.
• B) Computer controls over transactions.
• C) Physical security of assets.
• D) Prenumbered documents.

---

Definitions:

Educational Achievement

The accomplishment or attainment of academic goals, typically measured through grades, diplomas, and degrees.

Federally Sponsored

Programs or initiatives that are funded or backed by the federal government.

NAEP

The National Assessment of Educational Progress, which is a large-scale assessment conducted in the United States to measure the academic performance of students in various subjects.

Test

An examination or assessment intended to measure the test-taker's knowledge, skill, aptitude, physical fitness, or classification in many other topics.