A good system of internal control includes many types of documentation.Which of the following types of documentation is not part of the adequate records and documents category of internal control?
A)Schedules and analyses of financial information
B)Supporting document for all significant transactions
C)Accounting cycle reports
D)All of the following are types of documentation

Question

Quizplus · Accepted Answer

All of the listed types of documentation (schedules and analyses of financial information, supporting documents for all significant transactions, and accounting cycle reports) are part of the adequate records and documents category of internal control. Therefore, D is the correct answer.

A Good System of Internal Control Includes Many Types of Documentation.Which