Which of the following activities would be least likely to strengthen a company's internal control?
A) separating accounting from other financial operations
B) maintaining insurance for fire and theft
C) fixing responsibility for the performance of employee duties
D) carefully selecting and training employees

Question

Quizplus · Accepted Answer

Maintaining insurance for fire and theft is not directly related to strengthening a company's internal control as it is a risk management measure rather than a control measure. The other options all involve implementing specific measures to improve internal control. Separating accounting from other financial operations helps prevent errors or fraud by ensuring that different people handle different aspects of financial management. Fixing responsibility for the performance of employee duties helps ensure that everyone knows what is expected of them and who is responsible for each task or area. Carefully selecting and training employees helps ensure that they are qualified, ethical, and knowledgeable about internal control measures.

Which of the Following Activities Would Be Least Likely to Strengthen