Solved

An Example of Poor Internal Control Is

Question 119

Multiple Choice

An example of poor internal control is


A) The accountant should not have physical custody of the asset nor access to it.
B) The custodian of an asset should not maintain or have access to the accounting records.
C) One person should be responsible for handling related transactions.
D) A salesperson makes the sale and a different person ships the goods.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions