Match Each Definition with the Correct Term Below

question 91

Multiple Choice

Match each definition with the correct term below.
-Physical controls

• A)An inventory system in which the inventory not yet sold or on hand is counted periodically.
• B)Management's regular assessment of the quality of internal control.
• C)An account that accumulates the total cost of merchandise purchased for resale during an accounting period.
• D)The policies and procedures that management puts into place to see that its directives are carried out.
• E)The seller bears the transportation costs to the place where merchandise is delivered and title passes at the time it is delivered.
• F)An inventory system in which continuous records are kept of the quantity and cost of individual items as they are bought and sold.
• G)The total cost of merchandise that could be sold in an accounting period.
• H)The buyer bears the shipping costs of merchandise and title passes at the time it is shipped.
• I)An account that gives management a readily available measure of unsatisfactory products and dissatisfied customers.
• J)Controls that limit access to assets.

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Definitions:

Opt-out

A provision that allows individuals or companies to exclude themselves from a particular service or agreement, often related to subscriptions or advertising.

Consent-revocation

The process by which an individual withdraws their previously given permission or agreement, commonly applied in legal, medical, and data privacy contexts.

Website Design Elements

The visual components and technical features that make up the structure and layout of a website, contributing to its functionality and user experience.

Content

Information, experiences, and resources made available to users or audience through various media.