Indicate Whether Each Business Practice Listed Below Strengthens (S) or Weakens

question 32

Essay

Indicate whether each business practice listed below strengthens (S) or weakens (W) a company's system of internal control.
a. Bonding of employees
_____
b. Limiting the number of people who have access to cash
_____
c. Combining the recordkeeping and custodianship functions
_____
d. Making all payments with cash
_____
e. Keeping rotation of key employees to a minimum
_____
_____ f. Using prenumbered sales tickets

---

Definitions:

Push Processes

Supply chain processes that operate on forecast demand, pushing products through the supply chain to the end user.

Customer Demand

The quantity of products or services that consumers are willing and able to purchase at various prices during a specified period.

Available Capacity

The maximum output or the total amount of work that a facility, employee, or machine can produce or accommodate in a specific period.

Inventory

The goods and materials that a business holds for the purpose of resale or production.