Each of the following is a feature of internal control except
A) limited access to assets.
B) periodic independent verification.
C) management compensation packages.
D) authorization of transactions.

Question

Quizplus · Accepted Answer

Management compensation packages are not considered a feature of internal control as they are more related to management incentives and rewards. The other options listed (limited access to assets, periodic independent verification, and authorization of transactions) are all examples of internal control measures aimed at preventing fraud and errors in financial reporting.

Each of the Following Is a Feature of Internal Control