In Establishing a Strong Internal Control System at Hook Company

question 81

Multiple Choice

In establishing a strong internal control system at Hook Company, management is concerned with administrative controls. Administrative controls include:

• A)the reconciliation of the bank statement.
• B)accuracy of the recording procedures.
• C)performance evaluation.
• D)maintenance of accurate inventory records.

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Definitions:

Cones

Photoreceptor cells in the retina of the eye that enable color vision and are responsible for visual acuity and the perception of fine details.

Rhodopsin

A pigment found in the rods of the retina that is responsible for the first step in the perception of light.

Opsin

A type of protein in photoreceptor cells of the retina that is essential for vision by responding to light absorption.

Wavelength

A measure of the distance from the peak of a light wave to the peak of the next.