Which of these is not a characteristic of good internal control?
A) Insurance of assets
B) Joint of responsibility for assets
C) Rotation of employees over a range of tasks
D) Regular bank reconciliations
Correct Answer:
Verified
Q13: Which of these is not necessarily one
Q14: The asset most commonly subject to misappropriation
Q15: Internal controls that apply to computerised accounting
Q16: How many of these are features
Q17: If the cash in the cash register
Q19: Which of these is not a good
Q20: As a business grows and the owner
Q21: The main purpose of a bank reconciliation
Q22: Which of these is not a principle
Q23: The municipality of Stonybank had an unadjusted
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