Preventive Controls Include ________

question 63

Multiple Choice

Preventive controls include ________.

• A)having the company's accountant review the accounting records and make corrections each month
• B)limiting access to assets
• C)bank reconciliations (comparing the company's accounting records for cash to its bank statement)
• D)counting the money in the cash register and comparing it with the total sales entered in the register

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Definitions:

Transactional Leadership

Transactional leadership is a management style that focuses on the execution of tasks and the adherence to organizational rules and procedures, often involving clear rewards and punishments.

Distinct But Not Mutually Exclusive

Referencing characteristics or concepts that are clearly different from each other, yet can occur simultaneously or overlap.

Extra-role Activities

Tasks or duties performed by an individual that go beyond the formal requirements of their job or position.

Hidden Cost

Expenses that are not immediately apparent or directly billed but affect the overall cost or outcome of a project, product, or decision.