Which of the following is not generally an internal control activity? a.Physically counting inventory in a perpetual inventory system b.Establishing clear lines of authority to carry out specific tasks c.Reducing the cost of hiring seasonal employees d.Limiting access to computerized accounting records
Which of the following is not generally an internal control activity? a.Physically counting inventory in a perpetual inventory system b.Establishing clear lines of authority to carry out specific tasks c.Reducing the cost of hiring seasonal employees d.Limiting access to computerized accounting records
Chapter6: Merchandising Transactions
Section: Chapter Questions
Problem 5MC: Which of the following is a disadvantage of the perpetual inventory system? A. Inventory information...
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Which of the following is not generally an internal control activity?
a.Physically counting inventory in a perpetual inventory system
b.Establishing clear lines of authority to carry out specific tasks
c.Reducing the cost of hiring seasonal employees
d.Limiting access to computerized accounting records
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