Which of the following is not a generally recognized internal control activity?
A)establishment of clear lines of authority to carry out specific tasks
B)preparation of bank reconciliations on a monthly basis
C)reducing the cost of hiring seasonal employees
D)limiting access to computerized accounting records

Question

Quizplus · Accepted Answer

While establishing clear lines of authority, preparing bank reconciliations, and limiting access to computerized accounting records are all generally recognized as internal control activities, reducing the cost of hiring seasonal employees is not directly related to internal controls.

Which of the Following Is Not a Generally Recognized Internal