Multiple Choice
The principles of internal control include all of the following except
A) establishment of responsibility.
B) combining of duties.
C) physical, mechanical, and electronic controls.
D) independent internal verification.
Correct Answer:

Verified
Correct Answer:
Verified
Q56: A company maintains the asset account, Cash
Q57: Related selling activities do not include<br>A)ordering the
Q58: In general, documents should be prenumbered and
Q59: If a check correctly written and paid
Q60: An employee authorized to sign checks should
Q62: The principle of establishing responsibility does not
Q63: The responsibility for ordering, receiving, and paying
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Q65: Journal entries are required by the depositor
Q66: Control over cash disbursements is improved if