menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Principles of Accounting Study Set 1
  4. Exam
    Exam 8: Cash and Internal Control
  5. Question
    Each of the Following Is a Feature of Internal Control
Solved

Each of the Following Is a Feature of Internal Control

Question 6

Question 6

Multiple Choice

Each of the following is a feature of internal control except


A) management planning.
B) periodic independent verification.
C) limited access to assets.
D) authorization of transactions.

Correct Answer:

verifed

Verified

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

Related Questions

Q1: The bonding of employees is an example

Q2: Merchandisers usually take a physical inventory when

Q3: Using bar codes to take a physical

Q4: Merchandisers usually end their fiscal year during

Q5: Mandisa Sounds,Inc. ,a specialty retailer of customized

Q7: An effective system of internal control requires

Q8: In a purchase system,the most appropriate department

Q9: On a bank reconciliation,interest income would be

Q10: An NSF check should appear in which

Q11: Good internal control dictates that one employee

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines