Multiple Choice
The custodian of a company asset should
A) have access to the accounting records for that asset.
B) be someone outside the company.
C) not have access to the accounting records for that asset.
D) be an accountant.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q164: All reconciling items in determining the adjusted
Q165: Cash register overages are deposited in the
Q166: A disbursement system that uses wire telephone
Q167: Below are descriptions of internal control problems.
Q168: A $100 petty cash fund has cash
Q170: Indicate how each of the items listed
Q171: In order to prevent a transaction from
Q172: Cash equivalents are highly liquid investments that
Q173: Which one of the following would not
Q174: If a petty cash fund is established