The Following Procedures Were Recently Implemented at Health Station, Inc

question 127

Essay

The following procedures were recently implemented at Health Station, Inc. For each procedure, indicate whether the internal control over cash represents
(1) a strength or (2) a weakness. If it is a weakness, explain why.?
(a) All mail is opened by the mail clerk, who forwards all cash remittances to the cashier. The cashier prepares alisting of the cash receipts and forwards a copy of the list to the accounts receivable clerk forrecording in the accounts.?
(b) The accounts payable clerk prepares a voucher for each disbursement. The voucher along with the supportingdocumentation is forwarded to the treasurer's office for approval.?
(c) At the end of each day, all cash receipts are placed in the bank's night depository.?
(d) The bank reconciliation is prepared by the cashier, who works under the supervision of the treasurer.

Recognize the phenomenon of differential item functioning and its implications for test fairness.

Identify the components of worldview and their significance in psychological assessment.

Distinguish between various test taker bias variables and their impact on assessment outcomes.

Comprehend the role of fluid and crystallized abilities in intelligence testing and the purpose of the Culture Fair Intelligence Test.