Sally, a Sales Representative for WER Corporation, Ensures That She

question 20

Multiple Choice

Sally, a sales representative for WER Corporation, ensures that she does a thorough credit check for customers who want to purchase goods on account.The most important internal control WER should implement is:

• A)Separation of duties.
• B)Adequate documentation.
• C)A risk management plan.
• D)Employee training.

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Definitions:

Social Class

The arrangement of society into tiers reflecting economic and social statuses.

Family Income

The total amount of money earned or received by all members of a household or family unit, serving as an indicator of economic status.

Self-fulfilling Prophecy

A belief or expectation that influences individuals to act in ways that make the belief come true.

Grades

Grades are a system of evaluation used to measure students' academic performance, typically represented by letters or numbers.