Which of the following is not a good method of ensuring that money is handled ethically in your business? A) Always have two people in the room when the business mail is opened, so no one can steal a check. B) Pay yourself, as the owner, strictly out of the profits earned by the business. C) Require every check issued by the business to be signed by two executives. D) Make sure the employees that handle the money are licensed and bonded.

Question

Quizplus · Accepted Answer

Paying yourself strictly out of the profits does not directly ensure ethical handling of money within the business. It's more about owner compensation than about the processes and controls for ethical money handling.

Which of the Following Is not a Good Method of Ensuring