Multiple Choice
Indicate which of the features of an effective internal control system are involved in the practices set out in the following question: Segregation of duties involve:
A) clearly establishing responsibility lines.
B) maintaining effective records.
C) separating record-keeping from handling of assets.
D) physically protecting sensitive assets.
Correct Answer:

Verified
Correct Answer:
Verified
Q18: Which of the following is NOT correct?
Q19: In preparing the monthly bank reconciliation,Fur
Q20: In preparing a bank reconciliation statement for
Q21: Alison Ltd's bank statement showed a debit
Q22: Which of the following is NOT a
Q24: In preparing a bank reconciliation statement for
Q25: Simon Ltd's bank statement showed a credit
Q26: Included in the bank statement was
Q27: Included in the bank statement was
Q28: Which of the following is NOT a