In a Small Business,because It Is Often Cost-Prohibitive to Hire

question 196

Multiple Choice

In a small business,because it is often cost-prohibitive to hire extra employees,the lack of certain separations of duties can best be overcome by

• A) hiring only honest employees.
• B) bonding the employees.
• C) holding one person responsible for a given set of transactions.
• D) getting the owner actively involved.

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Definitions:

Piecemeal

A gradual or step-by-step approach to solving a problem or implementing changes.

Quine

An American philosopher and logician known for his contributions to the philosophy of language, epistemology, and ontology, particularly his thesis of the indeterminacy of translation.

Presuppositions

Implicit assumptions or beliefs that are taken for granted in communication or reasoning.

Innate Ideas

Ideas that we are born with, which may include tendencies to think in certain ways that are hardwired into our minds.