Tolerance groups make sure employees do not exceed their authority in financial transactions.

Name: Tolerance groups make sure employees do not exceed their authority in financial transactions.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Tolerance groups are a set of rules that determine which employees are authorized to perform certain financial transactions and up to what monetary limit. This helps in preventing employees from exceeding their authority and committing financial fraud or errors.

Tolerance Groups Make Sure Employees Do Not Exceed Their Authority