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Fraud Internal Control and Cash
?
When a company allows only designated personnel to handle cash receipts, it is applying the internal control principle of
segregation of duties.
independent internal verification.
documentation procedures.
establishment of responsibility.
Show Result
Correct
- Your answer is correct.
Wrong
- Your answer is wrong.
Detailed Answer
Correct answer: (D)
establishment of responsibility.
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?
Which of the following is an objective of a system of internal controls? Select all that apply.
?
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?
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?
Which of the following is best at providing evidence which helps companies enforce the principle of establishing responsibility?
?
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?
Identify the example of poor internal control.
?
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?
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?
Which of the following does NOT affect the cash balance per books?
?
________ do NOT require journal entries by the depositor. A : B : C : D :
