Which of the Following Is Not One of the Controls

question 25

Multiple Choice

Which of the following is not one of the controls when customer payments are commingled with other mail?

• A)preparing a remittance list as mail is opened
• B)restrictively endorsing checks when received
• C)requiring two mail room clerks to open mail together
• D)requiring the controller to be personally present when mail is received and opened

---

Definitions:

Restraint Of Trade

Legal doctrine that restricts the ability for parties to freely conduct business, often related to antitrust issues and competition law.

Tying Contract

A sales agreement that requires the buyer to purchase another product or service, distinct from the product or service of interest.

Federal Trade Commission Act

A United States law established in 1914 to promote consumer protection and eliminate and prevent anticompetitive business practices.

Clayton Act

A U.S. antitrust law, enacted in 1914, aimed at preventing unfair business practices such as price discrimination, exclusive dealings, and mergers that significantly lessen competition.