Which of the Following Is Not an Internal Control Activity

question 23

Multiple Choice

Which of the following is not an internal control activity for cash?

• A) Employees who have access to cash should be bonded.
• B) Recordkeeping and physical custody of cash should be performed by the same person.
• C) The amount of cash on hand should be kept to a minimum.
• D) Banking facilities should be used as much as possible.

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Definitions:

Rehearsing Delivery

The practice of repeatedly going over the presentation or delivery of a speech or performance to ensure smooth execution.

Organizing

The process of structuring and arranging resources and activities to effectively accomplish goals and objectives.

Memorized Presentation Style

A presentation method where the speaker commits the entire speech to memory, delivering it without notes.

Manuscript Presentation Style

The format and guidelines for preparing a document for publication, including structure, citation style, and layout, according to specific publisher requirements.