Which of the following is not an effective control mechanism to safeguard an organization's check stock?
A) Boxes of blank checks should be sealed with security tape.
B) Organizations should use check stock that is high-quality and distinctly marked.
C) The employee in charge of the check preparation function should periodically verify the security of unused checks.
D) Voided checks should be promptly destroyed.

Question

Quizplus · Accepted Answer

The employee in charge of the check preparation function should not be the same person verifying the security of unused checks to ensure segregation of duties and reduce the risk of fraud.

Which of the Following Is Not an Effective Control Mechanism