A major control available in a small company, which might not be feasible in a large company, is:
A) a wider segregation of duties.
B) a voucher system.
C) the owner-manager's personal interest and close relationship with the personnel.
D) fewer transactions to process.

Question

Quizplus · Accepted Answer

In a small company, the owner-manager can have a more personal interest and close relationship with the personnel, which can serve as a major control. This can result in better communication, trust, and accountability, compared to a large company where there may be more layers of management and a greater distance between top management and lower-level employees. The owner-manager's personal involvement can also lead to a stronger sense of ownership and responsibility, which can further enhance control over the company's operations.

A Major Control Available in a Small Company, Which Might