Vaughan Services Hires a New Accountant to Maintain Its Petty

question 164

Multiple Choice

Vaughan Services hires a new accountant to maintain its petty cash fund.Although the employee possesses an accounting degree,he/she had been previously convicted of embezzlement.Which internal control procedure needs to be addressed in this situation?

• A) assignment of responsibilities
• B) competent, reliable, and ethical personnel
• C) separation of duties
• D) documents

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Definitions:

Manipulative Suggestion

A technique used to subtly influence or control someone's decision-making process, often viewed negatively for its ethical implications.

Suggestive Proposition

A persuasive statement or question that implies or recommends a specific course of action or decision, often used in sales and advertising.

Indirect Suggestion

A non-direct approach in communication that implies or hints at something, often used in persuasive contexts to subtly influence behavior or decision-making.

Counter Suggestion

is a strategy used in negotiations and discussions where a party presents an alternative proposal in response to another's suggestion.