Who should sign the minutes of a board meeting to confirm they are a true and accurate record of meeting?
Any two members
B. Secretary
ChairmanDChief executive
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Which of the following is a non-discretionary control?
A. StafF must be checked against national criminal records priorto employment
B. Orders must be signed by a manager before processing
C. Access to a database is password protected
D. authorisation of purchase orders
Some controls are provided automatically by the system and cannot be by-passed, ignored or overridden: for example, having to input a password to enter a computer system. These are classified as controls.Which term correctly completes the statement?
A. Detect
B. Mandated
C. Non-discretionary
It is important to promote proper and complete dialogue between the company registration body and a company. It is also important to ensure that essential administrative requirements laid down by the company registration body come to the attention of the board. Which TWO positions should be responsible for the above events?
A. Director
B. Chairman
Chief executive officer
D. Company secretary
Which of the following would ensure that the sales cycle results in prompt payment?E. Orders are processed by qualified personnel onlyF. Checking the goods are in inventory before dispatching themG. Each item has its own codeH. Checking the creditworthiness of the customer