Which of the following is not a generally recognized internal control activity?
A) Separation of the custody and record keeping responsibilities for any business activity
B) Destroying all documentation as soon as possible to avoid their misuse
C) Internal review of business transactions by the internal auditors
D) Independent verification of the work of one employee by another employee

Question

Quizplus · Accepted Answer

Destroying all documentation as soon as possible to avoid their misuse is not a generally recognized internal control activity. In fact, it is the opposite of what is recommended - documentation should be retained for a certain period of time in case of audits or other investigations. The other choices are all recognized internal control activities: Separation of custody and record keeping, internal review of business transactions, and independent verification of work by another employee all help to prevent errors, fraud, and abuse.

Which of the Following Is Not a Generally Recognized Internal