Immediately Endorsing Incoming Checks Satisfies the Control Goal of

question 5

Multiple Choice

Immediately endorsing incoming checks satisfies the control goal of

• A)ensure effectiveness of operations
• B)ensure update completeness and accuracy
• C)ensure input accuracy
• D)ensure security of resources

---

Definitions:

Paid-In Capital

The amount of capital "paid in" by investors during common or preferred stock issuances, including the par value of the shares themselves plus any additional paid-in capital.

Treasury Stock

Stocks that the original issuing company has repurchased, decreasing the total number of shares available for trade in the public market.

Par Value

The nominal or face value of a bond, share of stock, or coupon as stated by the issuer, which does not necessarily reflect market value.

Cumulative

Relating to an amount that has been gathered or accumulated over time, often used in the context of dividends or other financial aggregates.