Procedures Designed to Protect Cash from Theft and Misuse from the Time

question 84

Multiple Choice

Procedures designed to protect cash from theft and misuse from the time it is received until it can be deposited in a bank are called

• A) accounting controls
• B) cash controls
• C) preventive controls
• D) detective controls

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Definitions:

Flexibility

The ability to adapt, change or be modified to suit new conditions or situations.

Selection Method

The process or technique used by organizations to choose the most suitable candidates from a pool of applicants.

Psychological Testing

The use of formal tests to evaluate an individual's mental functions and behaviors, often used in the hiring process to assess potential employees.

Structured Interview

A selection interview that consists of a predetermined set of questions for the interviewer to ask.