The petty cash custodian confesses to having "borrowed" $12,000 over the last five years
What will be an ideal response?
• Create a petty cash imprest fund and only replenish it based on receipts documenting how the funds were used
• Conduct periodic surprise counts of petty cash on hand to verify that the total of cash plus receipts equals the fund amount.
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Kate, an agent of Gator Supplies, Inc., is responsible for performance of a specified task. However, the instructions are unclear, and Kate must act in a reasonable manner considering the circumstances. This is an example of an exception to which duty owed to the principal?
A. Duty of notification. B. Duty to account. C. Fiduciary duty. D. Duty of obedience.
The developer-as-artist systems development era was marked by a lack of documentation and development tools and by a high degree of dependence on the developer for the continued ongoing operation of the system he/she had created
Indicate whether the statement is true or false