Question
Assigning sequential numbers to cash sales, so that the accounting staff can ensure that every sale has been recorded is required by the internal
Assigning sequential numbers to cash sales, so that the accounting staff can ensure that every sale has been recorded is required by the internal control principle of: O documenting procedures. segregating duties. establishing responsibilities. restricting access. Question 8 (0.5 points) Saved Cashiers at a supermarket must talk to a manager before approving price changes at the register. Which internal control principle is being followed? Segregate duties Establish responsibilities Independently verify Restrict access
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Auditing and Assurance Services
Authors: Timothy Louwers, Robert Ramsay, David Sinason, Jerry Straws
6th edition
978-1259197109, 77632281, 77862341, 1259197107, 9780077632281, 978-0077862343
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