Multiple Choice
Principles of internal control include:
A) Establish responsibilities.
B) Maintain adequate records.
C) Insure assets.
D) Bond key employees.
E) All of the above
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q132: Basic services provided by banks such as
Q133: The entry necessary to establish a petty
Q134: Liquidity problems exist for a company when
Q135: Z-Mart made a bank deposit on September
Q136: You just joined XYZ Company as
Q137: The petty cash fund should be reimbursed
Q138: The Crown Company established a $1,000
Q139: Credit card is seen as an advantage
Q140: Internal control procedures:<br>A) Eliminate the risk of
Q142: Discuss the purpose of an internal control