Which of the following is a typical internal control?

Question

Quizplus · Accepted Answer

All of the options listed are typical internal controls. The use of password-protected computers and software helps prevent unauthorized access to sensitive information. Requiring separate individuals to authorize cash disbursements and sign checks helps prevent fraud by ensuring that no one person has complete control over financial transactions. Physical controls over inventories, such as locks and alarms, help prevent theft of inventory. A physical count of inventory at year-end ensures that the amount shown on the company's records matches the actual amount of inventory on hand. Therefore, all of the answers are correct.

Which of the Following Is a Typical Internal Control