The security of assets and documents would include all of the following, except:
A) Supervisors need to make certain that the assets are being used for their intended purpose.
B) Designated members of management should be assigned responsibility for the disposal of any assets
C) Maintaining adequate insurance coverage
D) Electronic controls are needed to control access to automated records
Correct Answer:
Verified
Q74: The fixed assets owned by a company
Q75: This phase of the fixed asset processes
Q76: Assets to be included in the fixed
Q77: This document is a financial plan detailing
Q78: Which of the following correctly lists the
Q80: The first part of the strict approval
Q81: The control environment related to the fixed
Q82: Explain the various reconciliation procedures that should
Q83: The internal control process of computing and
Q84: Explain why and how duties are segregated
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents