Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Oct 01, 2024

A control procedure designed so that the employee that records cash received from customers does not also have access to the cash itself is an

A control procedure designed so that the employee that records cash received from customers does not also have access

to the cash itself is an example of

a (n)

authorization control.

preventive control.

corrective control.

detective control.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Cornerstones of Managerial Accounting

Authors: Maryanne M. Mowen, Don Hanson, Dan L. Heitger, David McConomy, Jeffrey Pittman

2nd Canadian edition

978-0176721237, 978-0176530884

More Books

Students also viewed these Accounting questions

Question

★★★★★

The data from Exercise for lot size (in acres) and assessed value (in thousands of dollars) of a sample of homes in a particular area are on the WeissStats CD. Do the data provide sufficient evidence...

Answered: 1 week ago

Question

★★★★★

10. Testing a prototype of a new product is an example of a A. Unit-level activity B. Batch-level activity C. Product-level activity D. Organization-sustaining activity 11. True/False Activity-based...

Answered: 1 week ago

Question

★★★★★

1. *I talk with American students every day. Many of them come to college poorly prepared and without focus. They will be asked to take on large debt for degrees they no little or nothing about. They...

Answered: 1 week ago

Question

★★★★★

How is it possible for an employee stock option to be valuable even if the firms stock price fails to meet shareholders expectations?

Answered: 1 week ago

Question

★★★★★

A control procedure designed so that the employee that records cash received from customers does not also have access to the cash itself is an example of a ( n ) authorization control. preventive...

Answered: 1 week ago

Question

★★★★★

I need to know the total assets, total liabilities, total equity and gross profit for both years. Can ypu show how ypu get the answer. then questions 1-10. ABC Client 2 Preliminary Analytics - PRC...

Answered: 1 week ago

Question

★★★★★

Write a note on Quality circles.

Answered: 1 week ago

Question

★★★★★

Evaluate the various ways available to make the quality circle effective.

Answered: 1 week ago

Question

★★★★★

Describe how to measure the quality of work life.

Answered: 1 week ago

Question

★★★★★

Write an HLA Assembly language program that implements the following function: procedure strlen( baseStringAddress: dword ); @nodisplay; @noframe; This function should return in AL the number of...

Answered: 1 week ago

Question

★★★★★

Derivation of voltage equation, power equation and torque equation of a primitive machine in generalized machine theory.

Answered: 1 week ago

Previous Question Next Question