Duties in the Expenditure Cycle Should Be Properly Segregated to Promote

question 79

Multiple Choice

Duties in the expenditure cycle should be properly segregated to promote internal control.This means that the authorization function is performed by __________,the recording function is performed by __________,and the cash disbursement function is performed by the __________.

• A)accounts payable; purchasing; cashier
• B)purchasing; accounts payable; cashier
• C)purchasing; cashier; accounts payable
• D)purchasing; accounts payable; treasurer

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Definitions:

Teenager

An individual in the stage of development that occurs between childhood and adulthood, typically ranging from ages 13 to 19.

Cluster Suicides

A phenomenon where multiple suicides or suicide attempts occur within a group, community, or geographical area in a concentrated period, often influenced by contagion effects.

American Indians

Indigenous peoples of the United States, including all Native American tribes and communities.

Non-Hispanic

A term used to describe individuals or groups who do not identify as Hispanic or Latino.