Which of the Following Is NOT an Example of Good

question 21

Multiple Choice

Which of the following is NOT an example of good internal controls over purchases?

• A)Purchases made only after proper authorization
• B)Purchase Orders Pre-Numbered
• C)Carefully checking in goods upon receipt for quantity and damage
• D)For maximum control, one person should handle the entire purchase process from ordering to paying for the goods.

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Definitions:

Poverty Line

A defined income level below which an individual or family is considered to be living in poverty, based on the cost of living and basic needs.

Millionaires

Millionaires are individuals whose net worth or wealth is equal to or exceeds one million units of currency.

Inherited

Assets or properties received from ancestors or previous generations through a legal process called inheritance.

Utilitarian Justification

A moral philosophy that advocates for actions that maximize happiness and well-being for the majority of a population.