Choose the code letter of the best internal control principle that is related to the problem described:
-The treasurer of the company has not taken a holiday for over 20 years.
A) Establishment of responsibility
B) Segregation of duties
C) Physical, mechanical, and electronic control devices
D) Documentation procedures
E) Independent internal verification
F) Other controls

Question

Quizplus · Accepted Answer

Encouraging employees to take vacations is an example of "Other controls," as it helps prevent fraud and errors by ensuring that no single employee is indispensable and that their work can be reviewed by others.

Choose the Code Letter of the Best Internal Control Principle