Preparing a Bank Reconciliation on a Monthly Basis Is an Example

question 144

Multiple Choice

Preparing a bank reconciliation on a monthly basis is an example of:

• A) A technological control.
• B) Poor internal control.
• C) Separation of duties.
• D) Protecting assets by proving the accuracy of cash records.
• E) Establishing responsibility.

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Definitions:

Multiculturalists

Advocates or supporters of the view that societies should embrace a diversity of cultures, promoting the equal value of different cultural traditions.

National Unity

The sense of solidarity, cohesion, and pride among the citizens of a nation, fostering a collective identity and support for the nation-state, often emphasized in times of crisis or celebration.

Regulation by the Clock

Organizing daily life, work, and routines based on chronological time, often emphasizing punctuality, schedules, and time efficiency.

Mass Consumption

The widespread purchasing and use of products and services by a large number of people.