Which of the following is a characteristic of a nonroutine transaction?
A) A business encounters this type of transaction on a regular, recurring basis.
B) Required to have specific authorization
C) Volume of transactions become second nature to the employees responsible.
D) Specific authorization for the specific transaction is not necessary.
Correct Answer:
Verified
Q17: Routine business transactions would include which of
Q18: In meeting the control objective of safeguarding
Q19: Which of the following statements about payroll
Q20: An integrated IT system of payroll and
Q21: This record, prepared by the cash disbursements
Q23: This document authorizes the transfer of cash
Q24: This item would include explanations concerning the
Q25: Personnel records will typically include all of
Q26: The policies and procedures involved in purchasing
Q27: Which of the following types of employees
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