ACC 556 Chapter 7 Quiz ( 100 % Score ) For more course tutorials visit www . tutorialrank . com
Match the items below by entering the appropriate code letter in the space provided .
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ACC 556 Chapter 7 Quiz ( 100 % Score ) For more course tutorials visit www . tutorialrank . com
Chapter 7 Quiz
Question 1 The most important element of the fraud triangle is rationalization . Question 2
Requiring employees to take vacations is a weakness in the system of internal controls because it does not promote operational efficiency .
Question 3
Under an effective system of internal control , errors occur only as a result of fraud or dishonesty .
Question 4
Control over cash disbursements is improved if major expenditures are paid by check .
Question 5