What type of control is: Blank checks are stored in a safe in the treasurer's office.
What will be an ideal response?
Answer: physical controls
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Which of the following questions is an example of a closed-end question?
A) Why do you think some people are more comfortable taking risks than others? B) How can I improve my presentation skills? C) Why do you think a single vote makes a difference? D) Would you like to try our new ice cream flavor? E) What is the best way to prevent weeds in a garden?
Which of the following is not a characteristic of certificate of deposit (CDs)?
A) You pay a penalty for early redemption. B) You "lock in" (are guaranteed) the stated interest if you hold the CD until maturity. C) They are preferred over money market deposits if you expect interest rates to fall. D) They have a minimum maturity of three years.