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.

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Definitions:

Path-Goal Leadership Theory

A theory that suggests a leader's behavior is contingent upon the satisfaction, motivation, and performance of their subordinates.

Transformational Leadership

A leadership style that seeks to create significant change in both followers and the organization through vision, inspiration, and challenging the status quo.

Path-Goal Theory

A leadership theory that suggests a leader's role is to guide followers along a path to achieve their goals by selecting specific behaviors that are best suited to the followers' needs and the task at hand.

Locus of Control

A psychological concept referring to individuals' beliefs about the extent to which outcomes of their actions are under their own control (internal locus) or influenced by external factors (external locus).