Some investment firms require traders to take two consecutive weeks of vacation,so the traders' books can be reviewed.This is an example of
A) management development.
B) verification procedures.
C) resistance to control.
D) reducing uncertainty.
E) management by objectives.

Question

Quizplus · Accepted Answer

Requiring traders to take two consecutive weeks of vacation is a verification procedure, designed to ensure accurate record-keeping and prevent fraudulent behavior. By reviewing the traders' books during this time, any errors or discrepancies can be caught and addressed before they become bigger problems.

Some Investment Firms Require Traders to Take Two Consecutive Weeks