Which of the Following Procedures Is the Least Essential Attribute

question 42

Multiple Choice

Which of the following procedures is the least essential attribute of a cash disbursement control system?

• A) Supervision of all cash disbursement and record keeping functions
• B) Establishment of a petty cash system
• C) Use of multiple bank accounts
• D) All disbursements (except petty cash) are required to be made by cheque
• E) Cheques are signed only when supported by adequate documentation and verification

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Definitions:

Matched-Pairs Sampling

A sampling method that involves pairing up subjects based on certain criteria before applying different treatments to each member of the pair.

Extraneous Factors

Variables that can influence the outcome of an experiment but are not the variables being studied.

Control Group

A group in an experiment that does not receive the treatment being tested and is used as a benchmark to measure how the other tested groups do.

Degrees Of Freedom

The number of independent values or quantities which can be assigned to a statistical distribution, crucial for estimating population parameters.