Requiring Two Signatures on Any Check in Excess of $10,000

question 11

Multiple Choice

Requiring two signatures on any check in excess of $10,000 is an example of which type of control?

• A)Input control.
• B)Preventive control.
• C)Detective control.
• D)Processing control.

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Definitions:

Rank And File

The ordinary members of an organization or the workforce, in contrast to its leaders or managers.

Bargaining Environment

The context or setting in which negotiation and discussions between employers and employees or their representatives occur, influenced by economic, legal, and social factors.

Integrative Bargaining

A negotiation strategy in which all parties collaborate to find a win-win solution that optimally satisfies the interests of both labor and management.

Bargaining Power

The capacity of one party to influence or exert pressure in negotiations to sway outcomes in their favor, often determined by their resources or alternatives.