Choose the proper category of internal control activities that best matches the following actions. Each action should be matched with a different numbered item within the internal controls list.
-Checks on recorded amounts
A)One employee or department should verify the work of another.
B)Specific approval is given by management for the performance of activities.
C)Accounting and cash collections should be properly separated.
D)Blank checks should be stored in a locked location.
E)Initial entry into the accounting system should be from a consistent source with complete information.

Question

Quizplus · Accepted Answer

This action involves one employee or department verifying the work of another, which is a form of checks on recorded amounts.

Choose the Proper Category of Internal Control Activities That Best