Which of the Following Is Not an Internal Control Activity

question 142

Multiple Choice

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

• A)The amount of cash on hand should be kept to a minimum.
• B)Banking facilities should be used as much as possible.
• C)Employees who have access to cash should be bonded.
• D)All payments should be made with currency,not checks.

Understand how to minimize work and maximize the effectiveness of the RFP process.

Comprehend the significance of providing company background and project priorities in an RFP.

Recognize the structure and importance of comprehensive documentation within an RFP.

Understand how to streamline review processes through effective RFP preparation.

---

Definitions:

Sensory Memory

The shortest-term element of memory, which acts as a buffer for stimuli received through the senses and lasts for a very short time.

Unprocessed Stimulation

Information or sensory input that has been received by the brain but has not yet been analyzed, integrated, or responded to consciously.

Echo

A sound that is reflected off a surface and heard again, often used to measure distance or create special audio effects.

Sensory Registers

The initial process where sensory information is stored very briefly before it is processed further or discarded.