An Example of a Sound Control for Inventory Is ________

question 88

Multiple Choice

An example of a sound control for inventory is ________.

• A)requiring authorization for all purchases
• B)verifying that the items received are the items ordered
• C)physically protecting the inventory with locked storage rooms
• D)all of these

---

Definitions:

Call Provision

A feature of a bond or other fixed-income security that allows the issuer to repurchase and retire the debt before its maturity date.

Par Value

The face value of a bond or stock as stated by the issuer, which is not necessarily indicative of its market value.

Maturity Date

The specific date on which the principal amount of a financial instrument is to be paid back in full.

Bond Ratings

Evaluations of the credit quality and risk of default of a bond, issued by rating agencies, influencing interest rates and investor demand.