Which of the Following Is TRUE About Activities in the Financial

question 49

Multiple Choice

Which of the following is TRUE about activities in the financial process?

• A) File maintenance activities should be separated from daily activities.
• B) Daily activities, file maintenance, and adjusting entries should done by a supervisor.
• C) Adjusting entries should be done by the person who handles file maintenance activities.
• D) Daily activities in the financial process should be handled by the person who has custody of cash.

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Definitions:

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Back to Sleep Campaign

A public health campaign aimed at reducing the risk of sudden infant death syndrome (SIDS) by encouraging parents to position infants on their backs to sleep.

SIDS

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Colic

A condition seen in infants that causes periods of significant distress and crying for no apparent reason, typically due to gastrointestinal discomfort.