menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Financial Accounting Study Set 31
  4. Exam
    Exam 7: Fraud, Internal Control and Cash
  5. Question
    Internal Control Is Most Effective When Several People Are Responsible
Solved

Internal Control Is Most Effective When Several People Are Responsible

Question 159

Question 159

True/False

Internal control is most effective when several people are responsible for a given task.

Correct Answer:

verifed

Verified

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

Related Questions

Q154: In the month of May, Kijak Company

Q155: A voucher system is used by many

Q156: Allowing only designated personnel to handle cash

Q157: Cash registers are an important internal control

Q158: The safeguarding of assets is an objective

Q160: A voucher system is a series of

Q161: Deposits in transit<br>A)have been recorded on the

Q162: Each of the following items affect the

Q163: Two individuals at a retail store work

Q164: Jukebox Company had checks outstanding totaling $10,800

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines