Each of the following is a feature of internal control except A)limited access to assets. B)independent internal verifications. C)authorization of transactions. D)generic design of documents.

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Quizplus · Accepted Answer

Generic design of documents is not a feature of internal control. Internal controls are designed to safeguard assets, ensure accurate and reliable financial reporting, and promote operational efficiency, which includes specific design of documents to ensure proper authorization and verification.

Each of the Following Is a Feature of Internal Control