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Two clerks sharing the same cash register is a violation of which internal control principle? Multiple Choice Establish responsibilities Maintain adequate records O. Insure assets

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Two clerks sharing the same cash register is a violation of which internal control principle? Multiple Choice Establish responsibilities Maintain adequate records O. Insure assets Maintain adequate records Insure assets Bond key employees Apply technological controls A good system of internal control Multiple Choice Encourages adherence to prescribed managerial policies Promotes operational efficiencies Eliminates the need for an audit Promotes operational efficiencies Eliminates the need for an audit Both encourages adherence to prescribed managerial policies and promotes operational efficiencies All of the above Next

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