Multiple Choice
A major control available in a small company,which might not be feasible in a large company,is
A) a wider segregation of duties.
B) use of sequentially numbered documents.
C) fewer transactions to process.
D) the owner-manager's personal interest in and close relationship with personnel.
Correct Answer:
Verified
Correct Answer:
Verified
Q1: Internal controls can never be regarded as
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
Q7: The operational responsibility and the recording of
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