A burger shop requires employees to ring up sales and place all cash receipts in the cash register.This is an application of which of the following internal controls:
A)requiring proper authorization
B)separating incompatible duties
C)physically controlling assets and documents
D)maintaining adequate documents and records

Question

Quizplus · Accepted Answer

Physically controlling assets and documents refers to the safeguarding of cash, checks, and other assets by ensuring that they are held securely in cash registers or other secure locations. The requirement for all cash receipts to be placed in the cash register is an example of physically controlling assets and documents.

A Burger Shop Requires Employees to Ring Up Sales and Place