An Element of Internal Control Is

question 91

Multiple Choice

An element of internal control is

• A)fidelity insurance.
• B)prepaid insurance.
• C)monitoring.
• D)insurance expense.

Comprehend the process of negotiation and transfer of negotiable instruments.

Apply principles of proportion and percentage change to solve real-world problems.

Understand and calculate cost allocation among different entities or divisions.

Analyze and compute the effective cost of composite materials or products.

---

Definitions:

Seaquake

An earthquake that occurs under the seabed, often causing significant disturbances in the ocean which can lead to tsunamis.

Oilskin Boots

Waterproof boots made from oil-treated leather or fabric, commonly used in wet or muddy conditions.

Arthur Conan Doyle

A British writer best known for creating the fictional detective Sherlock Holmes, a seminal figure in crime fiction.

Ship's Log Book

An official record book maintained on board ships, noting important events, navigational data, and management details of voyages.