Allowing only the treasurer to sign cheques is an example of which control activity?
A) documentation
B) segregation of duties
C) physical controls
D) assignment of responsibility
Correct Answer:
Verified
Q67: An employee authorized to sign cheques should
Q68: Which one of the following would not
Q69: A bank statement
A)lets a depositor know the
Q70: If a cheque correctly written and paid
Q71: For which of the following errors should
Q73: On a bank reconciliation, which of the
Q74: Blank cheques
A)should be safeguarded.
B)should be pre-signed.
C)do not
Q75: Which of the following bank reconciliation items
Q76: In preparing a bank reconciliation, outstanding cheques
Q77: The use of prenumbered cheques is an
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