Which of the Following Is Not a Goal of a System

question 87

Multiple Choice

Which of the following is not a goal of a system of internal control over merchandising transactions?

• A)Keep credit losses as low as possible.
• B)Prevent the theft of cash and inventory.
• C)Keep the maximum amount of inventory on hand at all times.
• D)Keep enough cash on hand to take advantage of purchase discounts.

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Definitions:

Increase Traffic

Refers to strategies and actions designed to attract more visitors to a website or through a physical location.

Parking Rates

The fees charged for the use of a parking space, often varying by location, time, and duration.

Total Sales

The total revenue generated from all products or services sold by a company within a specific period.

Decrease Price

A reduction in the cost at which goods or services are sold, often to stimulate demand or sell off excess inventory.