With a Limited Work Force and a Desire to Maintain

question 74

Multiple Choice

With a limited work force and a desire to maintain strong internal control,which combination of duties performed by a single individual presents the least risk exposure?

• A)maintaining the inventory ledger and recording the inventory journal voucher in the general ledger
• B)recording the inventory journal voucher in the general ledger and maintaining custody of inventory
• C)maintaining the cash disbursements journal and recording direct labor costs applied to specific jobs
• D)preparing the accounts payable journal voucher and recording it in the general ledger

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Definitions:

Right-Hand-Drive Cars

Vehicles configured with the steering wheel and controls on the right side, designed for use in countries where traffic drives on the left side of the road.

Market Attractiveness

An assessment of the potential profitability and opportunities within a specific market or industry segment.

Customer Needs

Requirements or desires that consumers express through their buying behavior, which drive demand for products or services.

No Economical Access To Buyers

A situation where sellers cannot reach potential customers in a cost-effective manner, often due to high distribution costs or market barriers.