Storing cash in a company safe is an application of which internal control principle?
A. Segregation
B. Establishment of responsibility
C. Documentation procedures
D. Physical controls
Ans: D. Physical controls
Business
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Which of the following service providers would typically call their customers "clients"?
a) High school teachers b) Waiters c) Lawyers d) Dry cleaners e) Nurses
Business
The Trust Indenture Act of 1939 regulates the public issuance of ________ in excess of $5 million
A) commodity fixtures B) preferred stock and other debt securities C) bonds and other debt securities D) stock dividends
Business