Multiple Choice
Two individuals at a retail store work the same cash register. You evaluate this situation as
A) a violation of establishment of responsibility.
B) a violation of segregation of duties.
C) supporting the establishment of responsibility.
D) supporting independent checks of performance.
Correct Answer:
Verified
Correct Answer:
Verified
Q72: The responsibility for keeping the records for
Q87: Cash lacks owner identification.
Q88: An effective control framework will NOT contain
Q89: An adjusting entry is NOT required for<br>A)
Q90: A company's cash deposit, while appearing as
Q93: An employee authorized to sign cheques should
Q94: The Sarbanes Oxley will have little impact
Q95: The internal audit function is only effective
Q96: The following information is taken from the
Q97: An accounts payable clerk also has access