Which of the following forms of internal control relies most heavily on human judgment?
A) Preparing a trial balance.
B) Enforcing transaction limits.
C) Numbering documents sequentially.
D) Locking a filing cabinet.
Correct Answer:
Verified
Q18: Which of the following best explains "transaction
Q19: Accounting is often confused with:
A) Bookkeeping.
B) Finance.
C)
Q20: Interpreting accounting rules involves:
A) Understanding the accounting
Q21: Information technology can be used in: (i)
Q22: Which of the following tasks would most
Q24: Information technology would be least useful for:
A)
Q25: Human judgment is least important in:
A) Closing
Q26: Which of the following is the best
Q27: Which of the following best demonstrates an
Q28: In preparing an adjusting entry for depreciation,
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents