Multiple Choice
The only essential element of internal control from the following is
A) Computerized accounting systems
B) An outsourced internal audit function
C) Procedures for proper authorization of transactions
D) Verification by government agencies
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q90: Which of the following procedures is not
Q91: The following set of items describes activities
Q93: _ are those investments and deposits with
Q94: A good system of internal control requires
Q96: Petty Cash is NOT considered to be
Q97: No special internal control procedures are necessary
Q98: The accountant for a local manufacturing company
Q99: Having one employee prepare company checks and
Q100: Discount Muffler Company is preparing its bank
Q173: A check written by a company but