ent manages the physical goods inventory in the warehouse and he also maintains the accounting records of the inventory held there. Which of the following internal control activities have been violated? A. Establishment of authorization B. Segregation of duties C. Documentation and record keeping procedures D. Checks on recorded amounts
ent manages the physical goods inventory in the warehouse and he also maintains the accounting records of the inventory held there. Which of the following internal control activities have been violated? A. Establishment of authorization B. Segregation of duties C. Documentation and record keeping procedures D. Checks on recorded amounts
Accounting Information Systems
10th Edition
ISBN:9781337619202
Author:Hall, James A.
Publisher:Hall, James A.
Chapter5: The Expenditure Cycle Part I: Purchases And Cash Disbursements Procedures
Section: Chapter Questions
Problem 5MCQ
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Kent manages the physical goods inventory in the warehouse and he also maintains the accounting records of the inventory held there. Which of the following internal control activities have been violated?
- A. Establishment of authorization
- B. Segregation of duties
- C. Documentation and record keeping procedures
- D. Checks on recorded amounts
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