Which of the Following Would Provide the Most Effective Internal

question 55

Multiple Choice

Which of the following would provide the most effective internal control for cash?

• A) Numbering checks sequentially.
• B) Using a specific amount of daily cash receipts for operating expenses without depositing them in the bank.
• C) Reconciling the bank statement twice a year.
• D) Keeping cash in a reputable bank.

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Definitions:

Asymmetric Carbons

Carbon atoms bonded to four different groups, resulting in chirality or the existence of nonsuperimposable mirror images.

Chiral

Describes a molecule that cannot be superimposed on its mirror image, often resulting in different biological activities for each form.

Achiral

Lacking chirality; not having a non-superimposable mirror image.

Asymmetric Carbon

An asymmetric carbon, also known as a chiral carbon, is a carbon atom that is attached to four different groups, making its mirror image not superimposable on itself.