Which internal control principle prescribes the use of pre-numbered printed checks?
A)Technological controls.
B)Maintain adequate records.
C)Perform regular and independent reviews.
D)Establish responsibilities.
E)Divide responsibility for related transactions.

Question

Quizplus · Accepted Answer

The principle of maintaining adequate records involves using pre-numbered documents like checks to ensure all transactions are accounted for and to prevent unauthorized transactions.

Which Internal Control Principle Prescribes the Use of Pre-Numbered Printed