Solved

In the Following Situation, Which Internal Control Procedure Needs Strengthening

Question 12

Multiple Choice

In the following situation, which internal control procedure needs strengthening? Syria Services hired a new accountant to be responsible for the petty cash fund and the cash receipts. The newly hired employee has an accounting degree and a criminal record.


A) assignment of responsibilities
B) competent, reliable, and ethical personnel
C) separation of duties
D) documents

Correct Answer:

verifed

Verified

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

Related Questions