For Effective Internal Control in an Organization, Who Should Keep

question 61

Multiple Choice

For effective internal control in an organization, who should keep the inventory records?

• A) accountant
• B) treasurer
• C) sales persons
• D) inventory warehouse supervisor

---

Definitions:

Elaboration

The process of adding more detail, explanation, or information.

Short-term Memory

A cognitive system with a limited capacity that is capable of temporarily holding information available for processing.

Memory-span Task

A memory-span task is a cognitive test used to measure the number of items, typically words or numbers, that an individual can hold and recall in short-term memory.

Organization

An entity comprising multiple people, such as a company or society, structured to achieve a particular aim or set of goals.