Which of These Does Not Represent Proper Internal Control of Cash

question 35

Multiple Choice

Which of these does not represent proper internal control of cash receipts?

• A) Daily banking of receipts.
• B) Two people opening the mail.
• C) Paying accounts directly out of the cash register.
• D) Balancing the cash register after each employees' shift.

Understand the concept of organisational subcultures and the factors that contribute to their formation.

Identify the benefits of lean production and agile manufacturing in modern business practices.

Comprehend the principles and importance of Total Quality Management (TQM) in organisational operations.

Recognize the significance of international standards like ISO 9000 in enhancing quality across operations.

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Definitions:

Strong Synergy

The creation of a whole that is greater than the simple sum of its parts, resulting from effective collaboration and cooperation.

Groupthink

A psychological phenomenon where the desire for group harmony or conformity results in an irrational or dysfunctional decision-making outcome.

Evaluation Apprehension

The fear of being judged by others, which can affect performance and behavior in social and evaluation situations.

Social Facilitation

The tendency for people to perform differently when in the presence of others than when alone, typically improving performance on simple or well-rehearsed tasks and hindering it on complex tasks.