For Good Internal Control,the Purchasing Agent Should Neither Receive the Goods

question 130

True/False

For good internal control,the purchasing agent should neither receive the goods nor approve the payment.

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Definitions:

VALS Framework

A psychographic tool that classifies consumers into eight categories based on their responses to a questionnaire, used for market segmentation.

Consumer Groups

Collections of individuals or organizations that act together to advocate for the rights and interests of consumers.

Different Behaviors

Varied actions or reactions of individuals in response to external or internal stimuli, differing across contexts or situations.

Unique Segmentation

Segmentation that targets the preferences of a group of consumers with similar needs and wants only within one country.