An Entity with a Large Volume of Customer Remittances by Mail

question 12

Multiple Choice

An entity with a large volume of customer remittances by mail could most likely reduce the risk of employee misappropriation of cash by using

• A) Employee fidelity bonds.
• B) Independently prepared mailroom prelists.
• C) Daily check summaries.
• D) A bank lockbox system.

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Definitions:

Dominant Response

The most common reaction or behavior exhibited by an individual in a given situation, especially under stress or pressure.

Performance Situation

An event or scenario in which individuals are required to execute tasks or demonstrate their abilities under observation.

Anterior Insula

A region of the brain implicated in a wide range of functions, including emotional processing, empathy, and the perception of bodily sensations.

Oxytocin

A hormone and neurotransmitter involved in childbirth and lactation, also known to play a role in social bonding and behaviors such as trust and empathy.