Which of the Following Is Not an Example of Internal

question 162

Multiple Choice

Which of the following is not an example of internal control over cash?

• A)Preparation of a cash budget
• B)Daily deposits of cash receipts at the bank
• C)Combining the functions of signing checks with the approval of expenditures
• D)Preparation of bank reconciliation

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Definitions:

Analytic Marxism

A school of thought that seeks to reexamine Marxist theory using tools of analytical philosophy and rational choice theory.

Rational Choice Theory

A theory in economics and sociology that assumes individuals act based on their own self-interest, carefully weighing the costs and benefits of possible actions.

Marxian Concepts

Ideas and theories developed by Karl Marx, focusing on class struggle, modes of production, and the critique of capitalist societies.

Bourgeoisie

A social class characterized by their ownership of the means of production and their socio-economic status in capitalist societies.