It is recommended that no one individual should be able to write checks for a business in excess of ________ without a countersignature.
A)$1000
B)$5000
C)$100
D)$500

Question

Quizplus · Accepted Answer

The recommended amount for requiring a countersignature may vary depending on the business and its financial practices. However, $500 is a conservative amount that would ensure more than one person is responsible for larger expenditures and helps prevent fraud or mistakes with the company's funds.

It Is Recommended That No One Individual Should Be Able