The Following Duties Should Always Be Segregated

question 112

Multiple Choice

The following duties should always be segregated:

• A) purchasing of goods and receiving of goods.
• B) purchasing of goods and payment of the invoice.
• C) purchasing of goods, receiving of goods, and approving and paying for goods.
• D) all of the above.

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Definitions:

Income

The amount of money or earnings received by a person, family, or organization, usually measured on a monthly or yearly basis.

Indicator Variable

A variable that takes the value 1 to indicate the presence of a condition or characteristic and 0 to indicate its absence.

Color

The characteristic of visual perception described through categories such as hue, saturation, and brightness.

Logistic Regression

A statistical method used to analyze a dataset in which there are one or more independent variables that determine an outcome. The outcome is measured with a dichotomous variable (where there are only two possible outcomes).