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QUESTION 1 Choose the proper category of internal control activities that best matches the following actions. Eoch action should be matched with a different numbered

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QUESTION 1 Choose the proper category of internal control activities that best matches the following actions. Eoch action should be matched with a different numbered item within the internal controls list Clearly defined authority and responsibility A. One employee or department should verify the work of another to determine that amounts are correct and that the correspond Segregation of duties to properly authorized activites. An example would be to Adequate documents and records prepare a bank reconciliation, Safeguards over assets and records B. Specific approval is given by management for the performance of activities Checks on recorded amounts C. Initial entry into the accounting system should be from a consistent source with complete information Blank checks should be stored in a locked location. Accounting and cash collections should be properly separated. D E

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