(Competency 3: Learning Objectives 2 & 3) Companies should have, and other negotiable instruments. A fidelity bonds B performance bonds Immunity bonds D premium bonds bonds on employees handling cash (Competency 3: Learning Objectives 3) Three groups responsible for internal control maintenance are management board of directors and information technology staff. A True B False (Competency 3: Learning Objectives 4) A computer control is requiring a password and policy for password changes. A True False (Competency 3: Learning Objectives 2) Which control procedure is considered the most control over cash? A Deposit cash receipts the next business day B Deposit cash receipts daily Deposit post-dated checks on the date of the check Lock up supply items valued over $25 per unit (Competency 3: Learning Objectives 2-4) Management should arrange duties so that a employee who handles cash receipts does not record the receipts in the computer. This control is best described as A fraudulent misconduct. B fraudulent duties. segregation of duties. responsible duties. (Competncy 3: Learning Objectives 3) Security Exchange Commissions is established to protect management. A True B False (Competency 3: Learning Objectives 3) Factors that could be motivating factors in fraud are job satisfaction and being overlooked for a promotion. A True B False