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    Business
  3. Study Set
    Fundamental Accounting Principles Study Set 7
  4. Exam
    Exam 7: Internal Control and Cash
  5. Question
    Two Clerks Sharing the Same Cash Register Is a Violation
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Two Clerks Sharing the Same Cash Register Is a Violation

Question 2

Question 2

Multiple Choice

Two clerks sharing the same cash register is a violation of which internal control principle?


A) Establish responsibilities.
B) Maintain adequate records.
C) Bond key employees.
D) Apply technological controls.
E) Insure assets.

Correct Answer:

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