When a company has one person post cash receipts, and another person deliver the deposit, this is an example of:
A) restricted access.
B) proper authorization.
C) separation of duties.
D) internal control limitations.
Correct Answer:
Verified
Q36: A properly designed internal control system can
Q37: Which of the following would be considered
Q38: The delegation of authority and responsibility is
Q39: Internal control systems:
A)are the same from company
Q40: Which element of internal control deals with
Q42: The Fraud Triangle is used to show
Q43: In a broad sense, fraud is the
Q44: Risk assessment:
A)is an ongoing process.
B)identifies and analyzes
Q45: Fraud is always committed against an organization.
Q46: A requirement that customers receive a receipt
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