Match the action with the category of internal control procedures
-Independent verification
A)One department should check on another
B)Internal audit staff ensure all is working as intended
C)Accounting and cash collection is properly separated
D)Blank checks are locked at all times when not in use
E)Origination of initial entry into accounting system
F)Specific authority is given by management for the performance of activities.

Question

Quizplus · Accepted Answer

Independent verification involves one department or individual checking the work of another to ensure accuracy and compliance with policies.

Match the Action with the Category of Internal Control Procedures