Multiple Choice
Which of the following would not be found in a good system of internal control?
A) Establishing a system of checks and balances
B) Having one person handle all the responsibilities of a department
C) Establishing an internal audit staff
D) Requiring all employees to take earned vacations
Correct Answer:

Verified
Correct Answer:
Verified
Q31: Match the following terms with their definitions.<br>-FOB
Q85: The entry to record a purchase of
Q92: The purchasing department prepares a purchase requisition
Q142: Which of the following is necessary for
Q144: Which of the following documents remains within
Q145: A physical inventory is usually taken<br>A) at
Q148: A purchase order is sent from a
Q149: All of the following are the goals
Q150: The fee paid by a retailer to
Q151: On June 3,Win-Tel Company sold merchandise worth