Which of the Following Would NOT Represent Good Controls Over

question 127

Multiple Choice

Which of the following would NOT represent good controls over cash disbursements?

• A)Periodically check amounts shown in the debit card and credit card statements against purchase receipts.
• B)The employee verifying the accuracy of the debit card and credit card statements should not also be the employee responsible for actual purchases.
• C)Set maximum purchase limits on debit cards and credit cards.
• D)Employees responsible for making cash disbursements should also be in charge of cash receipts.

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Definitions:

Stressful Lives

A condition of experiencing high levels of stress due to various factors such as work, relationships, health, or financial issues.

Financial Stability

The condition of having a steady and secure financial status, where expenses can be met without worry, and financial goals can be planned and achieved.

Better Parents

Individuals who excel in providing care, nurturing, support, and appropriate guidance to their children, aiming to foster their development and well-being.

Reproductive Capacity

The ability to produce offspring or engage in the biological process of reproduction.