Which of the Following Is NOT a Key Issue in Controlling

question 78

Multiple Choice

Which of the following is NOT a key issue in controlling and managing receivables?

• A) Separate cash-handling, credit, and accounting duties to keep employees from stealing cash collected from customers.
• B) Extend credit only to customers who are most likely to pay.
• C) Pursue collection from customers to maximize cash flow.
• D) Separate the responsibility for custody and protection of inventory assets from the accounting for inventory assets.

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Definitions:

Wrongful Discharge

The illegal termination of an employee's contract or employment against the terms of the contract or under laws protecting employees.

Progressive Discipline

A step-by-step approach used by employers to address employee performance problems or misconduct, increasing in severity if the issues persist.

Employee Handbook

A manual or document that communicates a company's policies, expectations, and procedures to its employees.

Mexican Securities Market

The financial marketplace in Mexico where securities such as stocks and bonds are issued and traded.