Effective internal control in a small company that has an insufficient number of employees to permit proper division of responsibilities can best be enhanced by
A) Employment of temporary personnel to aid in the separation of duties.
B) Direct participation by the owner of the business in the recordkeeping activities of the business.
C) Engaging a CPA to perform monthly bookkeeping.
D) Delegation of full, clear-cut responsibility to each employee for the functions assigned to each.

Question

Quizplus · Accepted Answer

Direct participation by the owner can help compensate for the lack of segregation of duties by providing oversight and ensuring that controls are in place.

Effective Internal Control in a Small Company That Has an Insufficient