A system of internal accounting control normally would include procedures that are designed to provide reasonable assurance that:
A) transactions are executed in accordance with management's general or specific authorisation.
B) employees act with integrity when performing their assigned tasks.
C) unusual transactions are accurately recorded.
D) collusive activities would be detected by segregation of employee duties.

Question

Quizplus · Accepted Answer

Internal accounting controls are designed to ensure that transactions are executed in accordance with management's authorization, which helps prevent unauthorized transactions and errors.

A System of Internal Accounting Control Normally Would Include Procedures