Sam doesn't bother to record checks in his checkbook.He just goes to an ATM and asks for a "Balance Inquiry." Then he knows if he has enough money to pay his bills.This is an internal control ________.

Question

Quizplus · Accepted Answer

Sam's failure to record checks in his checkbook is a weakness in internal control because it increases the risk of errors and fraud, such as overdrawing the account or not detecting unauthorized transactions. Relying solely on balance inquiries from an ATM is not a sufficient method of tracking account activity and maintaining accurate records.

Sam Doesn't Bother to Record Checks in His Checkbook