Which of the Following Internal Control Activities Most Likely Addresses

question 23

Multiple Choice

Which of the following internal control activities most likely addresses the completeness assertion for inventory?

• A)The work-in-process account is periodically reconciled with subsidiary inventory records.
• B)Employees responsible for custody of finished goods do not perform the receiving function.
• C)Receiving reports are prenumbered and the numbering sequence is checked periodically.
• D)There is a separation of duties between the payroll department and inventory accounting personnel.

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Definitions:

Saturated Fat Intake

The consumption of fats that are typically solid at room temperature, found in some meats, dairy products, and certain oils.

Food Choices

The decisions individuals make regarding what foods to consume, influenced by taste preferences, nutritional values, availability, and cultural or personal beliefs.

Fast-Food Restaurant

A type of restaurant that offers quick service, convenience, and food that is prepared and served quickly.

Cultural Awareness

The understanding and recognition of the differences and similarities within and between cultures, fostering respect and effective communication.