Which Internal Control Activity Is Being Followed When the Work

question 142

Multiple Choice

Which internal control activity is being followed when the work of one department inspects the work of another?

• A) segregation of duties
• B) safeguarding of assets and records
• C) checks on recorded amounts
• D) clearly defined authority and responsibility

Identify and define the concept of a sample space for various scenarios.

Grasp the visualization of probability distributions for continuous and discrete random variables.

Recognize the concept of independence and disjoint events in probability.

Comprehend the principle of probability totaling 1 for a complete sample space.

---

Definitions:

Manufacturing Cycle Efficiency

A metric that evaluates the efficiency of a manufacturing process by comparing the value-added time to the total production time.

Queue Time

The duration that an item spends waiting to be processed or serviced in a system.

Delivery Cycle Time

The total time taken from receiving a customer order to the delivery of the product, indicating the efficiency of the production and delivery system.

Manufacturing Cycle Efficiency

A performance metric that measures the efficiency of the production process by dividing the value-added time by the total cycle time.