When discussing the security of assets and documents, there are many actions that can be taken.Which of the following would not be related to this category of internal control?
A)Securing the assets and records so that they are not misused or stolen.
B)Limiting access to certain assets to the extent that is practical.
C)Identifying sources of risk and estimating the possibility of that risk.
D)Enacting physical safeguards, such as security cameras, to protect some assets.

Question

When discussing the security of assets and documents, there are many actions that can be taken.Which of the following would not be related to this category of internal control?
A)Securing the assets and records so that they are not misused or stolen. 
B)Limiting access to certain assets to the extent that is practical.
C)Identifying sources of risk and estimating the possibility of that risk. 
D)Enacting physical safeguards, such as security cameras, to protect some assets.

Quizplus · Accepted Answer

Identifying sources of risk and estimating the possibility of that risk is related to risk assessment and management, which is a separate category of internal control. The other choices all relate to securing assets and documents to prevent misuse, theft, or damage.

When Discussing the Security of Assets and Documents, There Are