Which of the Following Is a General Internal Control,but Is

question 39

Multiple Choice

Which of the following is a general internal control,but is not classified as an 'accounting control'?

• A)Authorising transactions
• B)Ensuring the accuracy of financial records
• C)Encouraging employees to follow organisational policy
• D)Safeguarding assets

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Definitions:

Goods Distribution

The process of making a product or service available for the consumer or business user who needs it, which can involve transportation, packaging, and delivery.

Efficient Allocations

An economic condition where resources are distributed in the most effective manner, allowing for the optimization of outputs from given inputs without waste.

Contract Curve

In economics, it represents the locus of points indicating the optimal distribution of resources between parties in an Edgeworth box diagram.

Indifference Curve

A graph showing combinations of two goods that give a consumer equal satisfaction and utility.