Which of the Following Represent Physical Controls

question 55

Multiple Choice

Which of the following represent physical controls?

• A) Separation of the authorization and modification functions of purchasing.
• B) Alarms and surveillance cameras for the warehouse.
• C) Back-ups of all master files.
• D) All of the above.

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Definitions:

Incremental Cash Flow

The additional cash flow generated by a company from a new project or investment, used for analysis of its viability.

Capital Budgeting Analysis

A process that involves evaluating and comparing the financial impacts of long-term investments to choose the most profitable ones.

Macro-Incremental

This term is not widely recognized as a standard financial or economic term. NO.

Non-Cash Items

Expenses or incomes on a company’s financial statements that do not involve actual cash flow, such as depreciation or amortization.