A company can limit employees' access to assets by:
A)keeping the supply of unused checks under lock and key.
B)processing the company's cash payments through one employee who handles the bookkeeping and the check preparation.
C)allowing persons who have record-keeping responsibilities be part of the mailroom function.
D)all of the above.

Question

Quizplus · Accepted Answer

Limiting access to assets, such as keeping the supply of unused checks under lock and key, is a control measure to prevent unauthorized use or theft. Options B and C describe practices that actually weaken internal controls by not segregating duties properly.

A Company Can Limit Employees' Access to Assets By