Sam's Grocery Store has the following policy.'Only one cashier can have access to a cash drawer.' Which internal control principle supports this policy?
A)Documentation procedures.
B)Segregation of duties.
C)Physical controls.
D)Establishment of responsibilities.

Question

Quizplus · Accepted Answer

The policy of allowing only one cashier to have access to a cash drawer is an example of the establishment of responsibilities, which ensures accountability by assigning specific tasks to specific individuals.

Sam's Grocery Store Has the Following Policy