Ask Question
BusinessBusiness
31 March, 02:31

X Company is concerned that it does not have enough employees to ensure adequate segregation of duties in its revenue cycle. Which of the following may be performed by the same individual?

A. Approving sales and delivering the inventory from the storage area to the shipping area.

B. Opening the mail and reconciling the perpetual inventory records to the physical count.

C. Opening the mail and recording entries in the sales journal.

D. Recording entries in the sales journal and delivering inventory from the storage area to the shipping area.

+2
Answers (1)
  1. 31 March, 04:56
    0
    The correct answer is C) Opening the mail and recording entries in the sales journal.

    Explanation:

    It is the correct answer because both activities can be done sitting on the desk, using the same computer. All the other answers refer to activity pairs that would require physical activity, and this would reduce efficiency. For example, making journal records and delivering inventory are extremely disjointed activities, it is like being an accountant and a delivery person at the same job.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “X Company is concerned that it does not have enough employees to ensure adequate segregation of duties in its revenue cycle. Which of the ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
The new hotel manager asked the chef, "Are you sure you know how to cook Beef Wellington?" Which of the service dimensions was the hotel manager expressing concern about?
Answers (1)
which of the following is the correspondence or messages exchanged by people in the same organisation. a. memorandum b. internet c. email d. intercom.
Answers (1)
You can probably use the 1040EZ form, as long as what is true?
Answers (1)
Breakfast cereal maker General Mills periodically gives lump-sum payments to employees. The amount depends on job performance, with more productive employees receiving a larger sum than less productive employees. This motivational tool is
Answers (2)
Media companies earn money by selling which of the following? O A. Directly to consumers. O B. Airtime to media conglomerates. C. Services to local cable companies. O D. Advertisements and subscriptions.
Answers (1)
New Questions in Business
Consumer surplus is a. the amount a buyer is willing to pay for a good minus the amount the buyer actually pays for it. b. the amount a buyer is willing to pay for a good minus the cost of producing the good. c.
Answers (1)
You've borrowed $20,000 on margin to buy shares in ixnay, which is now selling at $40 per share. your account starts at the initial margin requirement of 50%. the maintenance margin is 35%. two days later, the stock price falls to $35 per share. a.
Answers (1)
The length of a rectangle is twice the width the perimeter is 36 ft find length and width
Answers (1)
An owner withdrawal of $20,000 would: A. decrease owner’s equity and increase assets by $20,000. B. increase owner’s equity and decrease liabilities by $20,000. C. increase liabilities and assets by $20,000.
Answers (1)
Leah, the CEO of SteadyResults Corp., feels that she is underpaid, so she hires a compensation consultant to survey actual competitors of the company. According to agency theory, if SteadyResults performs poorly, her salary will most likely:
Answers (1)
Home » Business » X Company is concerned that it does not have enough employees to ensure adequate segregation of duties in its revenue cycle. Which of the following may be performed by the same individual? A.
Sign Up Forgot Password?