All of the Following Are the Goals of Internal Controls

question 149

Multiple Choice

All of the following are the goals of internal controls over merchandising transactions except

• A) To keep credit losses at a minimum
• B) To retain enough cash to take advantage of cash discounts
• C) To keep the appropriate amount of inventory on hand
• D) To decide on the quality of materials to be purchased

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Definitions:

Kantian Ethics

A deontological ethical theory developed by Immanuel Kant, emphasizing duty, morality, and the categorical imperative as foundational principles.

Autonomy

Autonomy is the capability or right of individuals to make their own choices and govern themselves, fundamental in ethics, law, and personal development.

Morally Acceptable

Morally acceptable describes actions or decisions that are consistent with ethical norms or standards of a society, deemed appropriate or right according to moral principles.

Undesirable Genes

Genetic traits viewed as negative or harmful, often within the context of genetic engineering or selection.