A Control Weakness for Revenues and Receivables Processing That Could

question 73

Multiple Choice

A control weakness for revenues and receivables processing that could lead to theft of inventory is ______.

• A)when accounting staff can update the accounts receivable files
• B)when the stockkeeper authorizes release of the inventory
• C)when no period confirmation of the balance owing from the customer is made.
• D)when shipping personnel have the power to alter the quantities shipped on the shipping documents

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Definitions:

Asexual Reproduction

A mode of reproduction that does not involve the fusion of gametes, resulting in offspring genetically identical to the parent.

Diploid Cells

Cells that have two complete sets of chromosomes, one from each parent, characteristic of most organisms’ body cells.

Inguinal Canal

A passage in the anterior abdominal wall that in males conveys the spermatic cord and in females the round ligament of the uterus.

Vas Deferens

(vas deferens) (pl., vasa deferentia) One of the paired sperm ducts that connects the epididymis of the testis to the ejaculatory duct.