Allowing the clerk who checked out customer A handle a return by that same individual without presenting the receipt would NOT be an example of which of the following internal controls?
A)lack of segregation of duties
B)lack of requiring proper documents and records
C)lack of independent checks
D)lack of an adequate accounting system

Question

Allowing the clerk who checked out customer A handle a return by that same individual ​without presenting the receipt would NOT be an example of which of the following internal controls?
A)​lack of segregation of duties
B)​lack of requiring proper documents and records
C)​lack of independent checks
D)​lack of an adequate accounting system

Quizplus · Accepted Answer

The situation described is not related to the adequacy of the accounting system but rather to the lack of segregation of duties, proper documentation, and independent checks.

Allowing the Clerk Who Checked Out Customer a Handle a Return