Giving Only Management the Right to Make Purchases Over a Certain

question 132

Multiple Choice

Giving only management the right to make purchases over a certain amount is an example of which preventive control?

• A)Separation of duties.
• B)Physical controls.
• C)Proper authorization.
• D)Employee management.

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Definitions:

Order-getters

Salespeople who actively seek out customers and work to persuade them to make a purchase, often involving personalized service and negotiation.

Sales Presentations

Formal meetings or pitches where salespeople explain or demonstrate the features and benefits of their products or services to potential buyers.

Creative Sales Strategies

Creative Sales Strategies entail innovative approaches and techniques in selling products or services to stand out in the competitive market.

Psychological Income

Non-monetary benefits or satisfactions derived from one's work or profession, such as recognition, achievement, and a sense of purpose.