Which Internal Control Procedure Is Followed When Management Authorizes the Purchasing

question 98

Multiple Choice

Which internal control procedure is followed when management authorizes the purchasing department to order goods and services for the company?

• A) Segregation of duties
• B) Safeguarding of assets and records
• C) Independent verifications
• D) Proper authorizations

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Definitions:

Somatic Nervous System

A part of the peripheral nervous system associated with the voluntary control of body movements via skeletal muscles.

Neural Networks

Computational models designed to simulate the structure and function of neural connections in the human brain, used in artificial intelligence for pattern recognition, decision-making, and learning.

Endocrine Glands

Organs that secrete hormones directly into the bloodstream to regulate various body functions, including growth, metabolism, and mood.

Acetylcholine Antagonists

Acetylcholine antagonists are substances or drugs that inhibit the action of acetylcholine, a neurotransmitter involved in various functions including muscle movement and memory.