Which of the Following Is Not an Example of Independent

question 66

Multiple Choice

Which of the following is not an example of independent verification?

• A) comparing fixed assets on hand to the accounting records
• B) performing a bank reconciliation
• C) comparing the accounts payable subsidiary ledger to the control account
• D) permitting authorized users only to access the accounting system

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Definitions:

Chief Executive Officer

The highest-ranking executive in a company or organization, responsible for making major corporate decisions, managing the overall operations, and being the main point of communication between the board of directors and corporate operations.

Outside Consulting Organization

An external entity providing expert advice, solutions, and strategies to other organizations, typically in management, technology, or specific industry sectors.

Program Performance

The evaluation of the effectiveness and efficiency of a program, typically measured through specific indicators related to its objectives and outcomes.

Best Practice

A method or technique acknowledged as more effective and efficient compared to others in a certain field or industry.