Multiple Choice
A control procedure designed so that the employee that records cash received from customers does not also have access to the cash itself is an example of a(n)
A) preventive control.
B) detective control.
C) corrective control.
D) authorization control.
Correct Answer:
Verified
Correct Answer:
Verified
Q26: A store policy that allows retail clerks
Q27: An accounting policy that requires a purchasing
Q28: Personnel policies such as background checks,mandatory vacations,and
Q29: Congress passed this federal law for the
Q30: Duplicate checking of calculations and preparing bank
Q32: _ remains after management implements internal control(s).<br>A)Inherent
Q33: How is expected loss calculated when performing
Q34: The amount of risk a company is
Q35: Which of the following is not one
Q36: Which internal control framework is widely accepted