Consider the Sheridan College business office. One person is responsible for placing orders, another person is...
Fantastic news! We've Found the answer you've been seeking!
Question:
![image text in transcribed](https://s3.amazonaws.com/si.experts.images/answers/2024/05/66504c049ec9e_37166504c03e9bdf.jpg)
Transcribed Image Text:
Consider the Sheridan College business office. One person is responsible for placing orders, another person is responsible for creating a payment request (voucher), and another person is responsible for preparing a check to pay for the order. What internal control system is this an example of? O Physical controls Human resources controls O Segregation of duties Independent internal verification Consider the Sheridan College business office. One person is responsible for placing orders, another person is responsible for creating a payment request (voucher), and another person is responsible for preparing a check to pay for the order. What internal control system is this an example of? O Physical controls Human resources controls O Segregation of duties Independent internal verification
Expert Answer:
Posted Date:
Students also viewed these accounting questions
-
Marta purchased a home with an adjustable rate mortgage. The margin on an adjustable-rate mortgage is 5.5% and the rate cap is 6.5% over the life of the loan. If the current index rate is 8.9%, find...
-
Let Zi =1 if unit i is included in the sample and 0 otherwise, with P(Zi = 1)=Ïi. Let Ri =1 if unit i responds to the survey and 0 otherwise, with P(Ri = 1)=Ïi And Assume Ri is independent...
-
Give a simple argument that lying, merely for convenience, fails the generalization test. Assume that the lie would achieve its purpose only if it is believed.
-
Explain how we can use the pseudo-F statistic to select the optimal number of clusters.
-
Scarlett Incorporated purchased a tract of land with an office building and equipment included. The cash purchase price was $ 900,000 plus $ 50,000 in fees connected with the purchase. The following...
-
how are the interest and return of principal handled in an amazing loan payments?
-
In this exercise you will be assuming the role of an Account Manager working within our Personal Care Appliances category during Amazon Black Friday. You act as a general manager responsible for...
-
Which of the following assessments is appropriate for testing upper body strength? Bench press Push-up Zipper stretch Bicep curl
-
Question 2: Response to John Ripley?
-
Prepare a summary of the effects of the "fat tax" on the demand and supply diagram. Ensure you talk about the dead weight loss. PRICE D Tax Revenue S P1 P2 TAX P3 Dead Weight Loss QUANTITY QeAT QeBT...
-
Trade causes production in Home to move from point A to point B. What does this mean happened to the relative price of Qc? QF Home QF1 A QF2 Qc Qc2 Qc2
-
Write as an ordered pair the coordinates of the point whose y-coordinate is 3 and whose x-coordinate is -7. X Viewing Saved Work Revert to Last Response
-
1. A cereal manufacturer tests their equipment weekly to be assured that the proper amount of cereal is in each box of cereal. The company wants to see if the amount differs from the stated amount on...
-
The sum of two numbers is 47. The greater number is 9 more than the smaller number. Which equation can be used to solve for the smaller number? A. x + (x + 9) = 47 B. x (x + 9) = 47 C. x(x + 9) = 47...
-
Drainee purchases direct materials each month. Its payment history shows that 65% is paid in the month of purchase with the remaining balance paid the month after purchase. Prepare a cash payment...
-
E19.4. Z-Scoring (Easy) Below are ratios for some of the firms that have appeared in this book, for their 1998 fiscal year. Working Retained Capital Earnings Earnings before Interest and Taxes Market...
-
Fruit of the Loom Ltd. fared poorly from 1997 to 1999. Between April 1997 and October. 1999, its stock price dropped from $38 to $3, a 92 percent loss in market value. Fruit of the Loom manufactures...
-
CI9.9. What is a default strategy?
![Mobile App Logo](https://dsd5zvtm8ll6.cloudfront.net/includes/images/mobile/finalLogo.png)
Study smarter with the SolutionInn App