The Cashier Deposits Checks for Benedek Incorporated and Also Prepares

question 104

Multiple Choice

The cashier deposits checks for Benedek Incorporated and also prepares payments to vendors.Of the following,who is best able to reconcile the bank statement to Benedek's records on a regular basis?

• A)cashier
• B)internal audit department
• C)treasurer
• D)external auditor

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Definitions:

Mediation

An alternative method of resolving disputes where an impartial third party aids those in disagreement to come to a consensus that is agreeable to all involved.

Picket Line

A boundary established by striking workers outside an employer's premises, meant to discourage others from entering the site during a strike.

Discharged Workers

Employees who have been terminated from their job by their employer.

Employer Initiative

Actions initiated by employers to improve workplace conditions, productivity, or relations with employees, often including innovative practices and policies.