Multiple Choice
The operational responsibility and the recording of transactions are normally kept separate
A) to centralize activities in order to be more cost efficient.
B) to ensure unbiased information is recorded.
C) because operational personnel rarely have the necessary accounting skills to record transactions.
D) to avoid confusion of responsibilities and duplication of efforts.
Correct Answer:

Verified
Correct Answer:
Verified
Q2: A)Discuss what is meant by the term
Q3: The methods that management uses to enforce
Q4: Which of the following controls would be
Q5: A well-designed organizational structure at an entity<br>A)has
Q6: A major control available in a small
Q8: The essence of an effectively controlled organization
Q9: The board of directors is essential for
Q10: For large companies,what is essential for effective
Q11: The chart of accounts is an important
Q12: Public key encryption uses<br>A)four keys.<br>B)three keys.<br>C)one key.<br>D)two