Which internal control activity is followed when inventory storage areas are secured with limited access?
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

Inventory storage areas being secured with limited access is an example of safeguarding of assets and records, which is an internal control activity. This helps prevent theft or damage to inventory, and ensures that accurate inventory records can be maintained.

Which Internal Control Activity Is Followed When Inventory Storage Areas