Sebastian Wrote a Check to Pay a Supplier's Invoice

question 41

Multiple Choice

Sebastian wrote a check to pay a supplier's invoice. The check had to be signed by two company officers and was later part of a monthly bank reconciliation. The canceled check was filed under the supplier's name.
-The internal controls mentioned in the preceding scenario are:

• A) The dual signatures on the check and the file.
• B) The bank reconciliation and the file.
• C) The dual signatures on the check and the bank reconciliation.
• D) The supplier's invoice and the bank reconciliation.

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Definitions:

Resting Membrane Potential

This refers to the voltage difference across the membrane of a resting (non-conducting) neuron, maintaining a balance of ionic gradients.

Plasma Membrane

The lipid double-layer that enwraps the cell's cytoplasm, directing the flow of substances into and away from the cell.

Sodium-Potassium Pump

A membrane-bound enzyme complex that exchanges sodium ions for potassium ions across the plasma membrane of cells, crucial for cellular function.

Requires ATP

Describes processes or actions in cells that need adenosine triphosphate for energy.