Which of the Following Is Not an Internal Control Activity

question 90

Multiple Choice

Which of the following is not an internal control activity for cash?

• A)Unannounced audits of cash on hand should be made occasionally.
• B)The number of persons who have access to cash should be limited.
• C)The functions of recordkeeping and keeping custody of cash should be combined.
• D)All cash receipts should be recorded promptly.

Understand the distinct purposes and formats of synopses and executive summaries in reports.

Understand the structure and key components of a formal proposal.

Identify differences between solicited and unsolicited proposals.

Recognize the importance of effectively presenting qualifications and experience in proposals.

---

Definitions:

Cognitive Bias

A systematic pattern of deviation from norm or rationality in judgment, whereby inferences about other people and situations may be drawn in an illogical fashion.

Structured Problem

A problem defined by clear parameters, with known processes and potential solutions, allowing for systematic analysis and resolution.

Unstructured Problem

A problem that lacks a clear path to the solution, often requiring creative thinking or innovative approaches.

Programmed Problem-solving Methods

Structured and often automated approaches or algorithms designed to address specific types of problems in a systematic way.