Employees in some companies are often required to take an annual vacation of at least five consecutive

Question:

Employees in some companies are often required to take an annual vacation of at least five consecutive days. The purpose is to reduce fraud and embezzlement. What is this called?

A. Job rotation

B. Mandatory vacation

C. Separation of duties

D. Due diligence

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Managing Risk In Information Systems

ISBN: 9781284193602

3rd Edition

Authors: Darril Gibson, Andy Igonor

See More Books

Question Posted: Aug 10, 2023 04:22 AM

See More Questions

The following situations suggest a strength or a weakness in internal control. Identify each as a strength or weakness, and give the reason for your answer. a. All employees must take at least five...
In the Professional Judgment in Context feature at the outset of the chapter, we introduced you to the Koss Corporation fraud. In this problem we provide you with further details about that fraud....
The Crazy Eddie fraud may appear smaller and gentler than the massive billion-dollar frauds exposed in recent times, such as Bernie Madoffs Ponzi scheme, frauds in the subprime mortgage market, the...
The statement of financial position of Kingbird Limited follows for the current year, 2020: KINGBIRD LIMITED Statement of Financial Position December 31, 2020 Current assets $135,660 Current...
Topez Company was started on January 1, 2013. During 2013, the company experienced the following three accounting events: (1) earned cash revenues of $14,500, (2) paid cash expenses of $9,200, and...
Capital at the end of 20X2 is 2,000. Capital at the end of 20X3 is 3,000. Drawings were 700. Required Calculate the profit for the year ended 20X3 from the above information?
Four particles of identical charge and mass enter a region of uniform magnetic field and follow the trajectories shown in Figure Q24.33. Which particle has the highest velocity? FIGURE Q24.33 A. B....
Anheuser-Busch Companies, Inc., reported the following operating information for a recent year (in millions): Net sales . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ....
United Builders wants to maintain a target capital structure with 30% debt and 70% equity. Its forecasted net income is $575,000, and because of market conditions, the company will not issue any new...
Fiduciary refers to a relationship of trust. A. True B. False
Which law requires schools and libraries to limit offensive content on their computers? A. FERPA B. HIPAA C. CIPA D. SSCP
Olsen Company's balance sheets as of December 31, 20-2 and 20-1, showed the following with regard to cash and cash equivalents: Compute the amount of change in cash and cash equivalents and indicate...
You have $55,000. You put 22% of your money in a stock with an expected return of 15%, $33,000 in a stock with an expected return of 14%, and the rest in a stock with an expected return of 19%. What...
You are considering how to invest part of your retirement savings. You have decided to put $200,000 into three stocks: 68% of the money in GoldFinger (currently $29/share), 17% of the money in...
of the factors that complicate private solutions listed in this chapter, which two present the largest problems where you live? What types of government policies could address these specific issues?
In the 1978 Tellico Dam decision (TVA v. Hill, 437 U.S. 187), the U.S. Supreme Court declared that the Endangered Species Act (ESA) defines the value of endangered species as "incalculable," and that...
Refer to the facts in Problem 36 and assume that the office building purchased in January 2018 and the car purchased in 2018 were both sold in June 2019. How much depreciation can be claimed as a...
Refer to Data Set 11 in Appendix B for the ages of actresses at the time that they won Oscars in the category of Best Actress. Use a 0.05 significance level to test the claim that the median age of...
If you want to solve a minimization problem by applying the geometric method to the dual problem, how many variables and problem constraints must be in the original problem?
In this exercise, we will look at the different ways capacity affects overall performance. In general, cache access time is proportional to capacity. Assume that main memory accesses take 70 ns and...
This exercise examines the impact of different cache designs, specifically comparing associative caches to the direct-mapped caches from Section 5.4. For these exercises, refer to the address stream...
Mean Time Between Failures (MTBF), Mean Time To Replacement (MTTR), and Mean Time To Failure (MTTF) are useful metrics for evaluating the reliability and availability of a storage resource. Explore...
b. Suppose the total available water supply equals 25. Show this on your graph. c. If the total available water supply equals 25, what should the price of water be? What would be the optimal...
Retail is the most familiar channel to most of us. Reminder, Marketing is the process, institutions, and activities that create, communicate, capture VALUE (what you give up for what you get). Pick a...
Jamaican Supplies (JS) has three major departments: electronics, housewares, and office furniture. Recent financial data are shown below: Electronics Housewares Office furniture Sales $2,280,000...

Employees in some companies are often required to take an annual vacation of at least five consecutive

Question:

Step by Step Answer:

B Mandatory vacation Mandatory vacation also known as compulsory or required vacati...View the full answer

Managing Risk In Information Systems

Students also viewed these Computer science questions