Ben Simon Wants to Ensure That Salin a Retail Outlet

question 92

Multiple Choice

Ben Simon wants to ensure that salin a retail outlet are not recorded at the wrong amount. Which preventive control will help him ensure his objective?

• A) the signature of the goods by the warehouse receiver on a receiving report or a bill of lading
• B) a credit check by the credit manager
• C) automatic pricing of sales invoices using a master price file
• D) none of the above

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Definitions:

Probability

A measure of the likelihood that an event will occur, expressed as a number between 0 and 1, where 1 indicates certainty.

Marginal Probability

The probability of an event occurring, irrespective of the outcomes of other variables.

P(A or B)

The probability that at least one of two events A or B occurs.

Outcome

The result or consequence of an action, experiment, or situation.