The controller at Horizon,Inc.needs new computers for the accounting department.However,there are no guidelines specifying whether the controller can approve purchases of office equipment.
In the above situation,which internal control procedure needs strengthening?
A)assignment of responsibilities
B)competent,reliable,and ethical personnel
C)separation of duties
D)documents

Question

Quizplus · Accepted Answer

The situation indicates a lack of clear guidelines on who has the authority to approve purchases, suggesting that the assignment of responsibilities needs to be clarified and strengthened.

The Controller at Horizon,Inc