Question
Which of the following is a poor internal accounting control feature? Select one: A. Segregation of duties B. Combining authorization with custodianship C. Rotation of
Which of the following is a poor internal accounting control feature?
Select one:
A. Segregation of duties
B. Combining authorization with custodianship
C. Rotation of personnel
D. Internal auditing
E. None of the above
Which of the following is desirable in a good system of internal accounting control?
Select one:
A. Responsibility and authority for a given function should be shared among several employees
B. Appropriate forms, such as checks and sales invoices, should have preprinted control numbers
C. All accounting personnel in a firm should be bonded
D. To obtain the benefit of specialization, employees should not be rotated among similar jobs
E. None of the above
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