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:

Constitutional

Related to, governed by, or in accordance with a constitution, which is the fundamental principles or established precedents guiding a state or organization.

Constitutions

Legal documents or sets of principles that outline the fundamental laws governing a country or other organization, specifying how the entity is to be governed and defining the rights of its citizens or members.

American Citizens

Individuals born in the United States or who have obtained citizenship through naturalization, granting them certain rights, duties, and privileges.

U.S. Constitution

The supreme law of the United States, establishing the framework of the national government and the rights of the citizens.