Accounting Information Systems 8th Edition by James Hall

تمرين 37

SOX legislation calls for sound internal control practices over financial reporting and requires SEC-registered corporations to maintain systems of internal control that meet SOX standards. An integral part of internal control is the appropriate use of preventive controls. Which of the following is not an essential element of preventive control?
A) separation of responsibilities for the recording, custodial, and authorization functions
B) sound personnel practices
C) documentation of policies and procedures
D) implementation of state-of-the-art software and hardware
E) physical protection of assets