Which of the Following Is a Reason That Businesses Use

question 7

Multiple Choice

Which of the following is a reason that businesses use bank accounts as part of their internal control measures.

• A) The bank records incoming checks as liabilities.
• B) Customer's returned checks can be charged an NSF fee.
• C) Bank accounts are an independent record of cash transactions.
• D) Differences between the company balance and the bank balance will automatically indicate fraud.

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Definitions:

Work Simplification

The process of analyzing work processes and implementing methods to reduce complexity, increase efficiency, and improve productivity.

Job Characteristics Theory

A theory that suggests job satisfaction is related to five job characteristics: skill variety, task identity, task significance, autonomy, and feedback.

Job Design

The process of arranging work tasks for employees in a way that enhances job satisfaction and productivity.

Job Enlargement

A method of job design that increases the number and variety of tasks that an employee performs, aiming to alleviate boredom and increase job satisfaction.