The security of assets and documents related to cash disbursements would include all of the following, except:
A)Access to cash should be limited to the authorized check signers.
B)Physical controls should be in place where the cash is retained and disbursed.
C)Access to records should be limited to persons with the authority to sign checks.
D)The company's stock of unused checks should be protected and controlled.

Question

The security of assets and documents related to cash disbursements would include all of the following, except:
A)Access to cash should be limited to the authorized check signers.
B)Physical controls should be in place where the cash is retained and disbursed.
C)Access to records should be limited to persons with the authority to sign checks. 
D)The company's stock of unused checks should be protected and controlled.

Quizplus · Accepted Answer

Access to records should not be limited to persons with the authority to sign checks, as this could lead to a lack of oversight and increase the risk of fraud. Access to records should be controlled but not necessarily limited to check signers.

The Security of Assets and Documents Related to Cash Disbursements