Requiring Employees to Take Annual Vacations Is a Part of Which

question 33

Multiple Choice

Requiring employees to take annual vacations is a part of which characteristic of internal control?

• A) Assignment of responsibilities
• B) Separation of duties
• C) Proper authorization
• D) Competent and reliable personnel

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Definitions:

Early-stage

Refers to the initial periods or phases in the development or progress of something, often used in the context of startups or new projects.

Long-term Growth

The sustained increase in the economic performance or potential of an entity over an extended period, often involving strategies aimed at competitive advantage, market expansion, and innovation.

Company's Potential

The capacity or capability of a company to achieve future growth, success, or profitability.

Industry

Refers to the production of goods or related services within an economy, characterized by the specific sector or type of business.