Internal Controls That Should Be Applied When a Business Takes

question 120

Multiple Choice

Internal controls that should be applied when a business takes a physical count of inventory should include all of the following except:

• A)Prenumbered inventory tickets.
• B)A manager confirms that all inventories are ticketed only once.
• C)Counters confirm the validity of inventory existence,amounts,and quality.
• D)Second counts by a different counter.
• E)Counters of inventory should be those who are responsible for the inventory.

Identify the precise application of specific nonparametric tests based on research questions.

Understand the implications of the exact level of significance in hypothesis testing.

Apply appropriate statistical tests to examine relationships and changes before and after interventions.

Understand the purpose and application of the one-sample chi-square test.

---

Definitions:

Increasing Competence

Refers to the process of acquiring skills and knowledge to improve performance and effectiveness in a specific domain or task.

Establishment

A recognized or certified institution or place where a particular activity is performed or conducted.

Advancement

The process of moving forward or making progress, particularly in one's career or in the hierarchy of an organization.

Levinson

Refers to Daniel Levinson, a psychologist who proposed theories on adult development, highlighting stages and transitions over the lifespan.