Allowing only the treasurer to sign checks is an example of
A) documentation procedures.
B) segregation of duties.
C) other controls.
D) establishment of responsibility.

Question

Quizplus · Accepted Answer

Establishment of responsibility is a principle of internal control that aims to assign responsibility to specific individuals. Allowing only the treasurer to sign checks is an example of this principle, as it clearly establishes who is responsible for this financial task.

Allowing Only the Treasurer to Sign Checks Is an Example