Which of the Following Is Not a Goal of a System

question 87

Multiple Choice

Which of the following is not a goal of a system of internal control over merchandising transactions?

• A)Keep credit losses as low as possible.
• B)Prevent the theft of cash and inventory.
• C)Keep the maximum amount of inventory on hand at all times.
• D)Keep enough cash on hand to take advantage of purchase discounts.

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Definitions:

Publicly

In a manner that is open and accessible to the general populace, without restrictions or secrecy.

Positive Organizational Scholarship

A field of study focusing on the dynamics that lead to developing human strength, fostering vitality and resilience in organizations.

Psychological Attribute

An inherent characteristic or quality of an individual's mind or personality, such as temperament, intelligence, or emotional responses.

Leadership Traits

Characteristics and qualities that are effective for leading and influencing others, such as charisma, decisiveness, and integrity.