Internal Controls That Should Be Applied When a Business Takes

question 88

Multiple Choice

Internal controls that should be applied when a business takes a physical count of inventory should include all of the following except:

• A) Prenumbered inventory tickets.
• B) A manager does not confirm that all inventories are ticketed once, and only once.
• C) Counters must confirm the validity of inventory existence, amounts, and quality.
• D) Second counts by a different counter.
• E) Counters of inventory should not be those who are responsible for the inventory.

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Definitions:

Subtractive Color Mixing

The process of creating colors by subtracting light using colored filters, absorbing certain wavelengths of light and reflecting others.

Colored Pigments

Substances used to impart color to materials or surfaces, varying in composition and application.

Light Adaptation

Light Adaptation is the process by which the eye adjusts to different levels of illumination, allowing for vision in conditions ranging from bright sunlight to dim lighting.

Rods and Cones

Specialized photoreceptor cells in the retina of the eye, with rods being more sensitive to light and cones enabling color vision.