Multiple Choice
Which of the following statements is one of the overriding principles of internal control?
A) Responsibility for accounting and financial duties should be assigned to one responsible officer.
B) Responsibility for the performance of each duty must be fixed.
C) Responsibility for the accounting duties must be borne by the audit committee of the company.
D) All of the options listed here are correct
Correct Answer:

Verified
Correct Answer:
Verified
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