To Maintain Effective Internal Control, Employees Responsible for Handling Cash

question 7

True/False

To maintain effective internal control, employees responsible for handling cash should have access to the accounting records.

---

Definitions:

Abilities

The natural talents and acquired skills that individuals possess, which enable them to perform specific tasks or engage in particular activities effectively.

EVLN Model

A framework describing four different responses employees might have to dissatisfaction at work: Exit, Voice, Loyalty, and Neglect.

Dissatisfied

A state of feeling unfulfilled or unhappy with a situation, product, or service, often leading to complaints or seeking alternatives.

Absenteeism

The habitual non-presence of an employee at their job, which can be a sign of poor job satisfaction or personal issues.