Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

help asap Which of the following is NOT a Principle of Internal Control? Post journal entries to relevant general ledger accounts daily. Perform regular and

help asap
image text in transcribed
Which of the following is NOT a Principle of Internal Control? Post journal entries to relevant general ledger accounts daily. Perform regular and independent reviews. Divide responsibility for completing related transactions. Insure assets and bond key employees. The cashier deposits the money in the bank and the recordkeeper records the amounts received in the accounting records

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

How To Audit The Process Based QMS

Authors: Dennis R. Arter, Charles A. Cianfrani, Jack West

1st Edition

0873895770, 978-0873895774

More Books

Students also viewed these Accounting questions