A company has a policy that only the chief financial officer or the chief executive officer are allowed to sign checks. This is an example of which type of general accounting control?

Name: A company has a policy that only the chief financial officer or the chief executive officer are allowed to sign checks. This is an example of which type of general accounting control?
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Question

Quizplus · Accepted Answer

This is an example of authorization procedures, as it specifies who is authorized to perform a specific action (signing checks).

A Company Has a Policy That Only the Chief Financial