An Accounting Policy That Requires a Purchasing Manager to Sign

question 36

Multiple Choice

An accounting policy that requires a purchasing manager to sign off on all purchases over $5,000 is an example of

• A) general authorization.
• B) specific authorization.
• C) special authorization.
• D) generic authorization.

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Definitions:

Etiology

The study of the causes or origins of diseases or conditions.

Mood Disorders

A category of psychiatric disorders characterized by a disturbance in an individual's mood, which can include depression and bipolar disorder.

Stressful Life

Refers to the presence of events or circumstances that significantly strain an individual's coping mechanisms, potentially impacting mental and physical health.

Personality Traits

Enduring characteristics of an individual's behavior, thought, and emotion that show a consistent pattern over time.