An employee who makes a sale, ships the goods, and bills the customer violates which control activity?
A) review and reconciliation
B) documentation
C) segregation of duties
D) assignment of responsibility
Correct Answer:
Verified
Q11: Segregation of duties among employees eliminates the
Q12: The responsibility for keeping the records for
Q15: NSF cheques received from customers are debited
Q21: Which of the following statements is true
Q22: Internal controls are concerned with all of
Q23: NSF cheques received are accounted for by
Q25: Management only needs to know how much
Q25: All of the following are examples of
Q27: A compensating balance is always reported as
Q28: Idle cash should be reported as restricted
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