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Select the name of the correct internal control principle being followed in each case. Employees are required to take vacations. Blank checks are locked in
Select the name of the correct internal control principle being followed in each case.
Employees are required to take vacations.
Blank checks are locked in a safe.
Each month, the assets on hand are compared to the accounting records by an
internal auditor.
Only one employee operates each cash register.
A prenumbered shipping document is prepared for each shipment of goods to
customers.
A different individual is responsible for ordering supplies than the person who
processes the payment for the supplies.
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