Which internal control activity is followed when the work of one department acts as a check on the work of another?
A)segregation of duties
B)safeguarding of assets and records
C)checks on recorded amounts
D)clearly defined authority and responsibility

Question

Quizplus · Accepted Answer

Checks on recorded amounts involve having one department check the work of another department to ensure accuracy and completeness of recorded amounts. This serves as a control activity to prevent errors and fraud. Segregation of duties involves separating job responsibilities to prevent conflicts of interest and increase accountability. Safeguarding of assets and records involves protecting physical and electronic assets and information from unauthorized access and theft. Clearly defined authority and responsibility involves establishing clear lines of authority and responsibility to ensure proper decision-making and actions. While important control activities, these options do not address the specific scenario presented in the question.

Which Internal Control Activity Is Followed When the Work of One