With a Limited Work Force and a Desire to Maintain

question 5

Multiple Choice

With a limited work force and a desire to maintain strong internal control,which combination of duties would result in the lowest risk exposure?

• A)Updating the inventory subsidiary ledgers and recording purchases in the purchases journal.
• B)Approving a sales return on a customer's account and depositing customers' checks in the bank.
• C)Updating the general ledger and working in the inventory warehouse.
• D)Entering payments to vendors in the cash disbursements journal and entering cash received from customers in the cash receipts journal.

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Definitions:

Derived Characters

Derived characters are traits that are present in an organism but were absent in the last common ancestor of the group to which the organism belongs, indicating evolutionary changes.

Demographic Range

The distribution or spread of population characteristics such as age, income, or ethnicity within a specified geographic area.

Geographic Range

Geographic range refers to the spatial area over which a species is known to occur, encompassing its natural habitat and distribution limits.

Population

A group of individuals of the same species living in the same area at the same time, capable of interbreeding.