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:

Creative Thinking

The ability to think in new and unconventional ways, enabling the generation of innovative ideas and solutions.

Flash of Insight

A sudden and clear understanding or discovery of something, often solving a problem or the realization of how to approach a situation.

Business Leaders

Individuals holding significant managerial or executive positions in businesses, responsible for strategic decision-making and organizational direction.

Brainstorming

A creative group problem-solving technique that involves the spontaneous contribution of ideas from all members.