Designating a corporate controller is an example of which characteristic of internal control?
A)separation of duties
B)competent, reliable, and ethical personnel
C)proper authorization
D)assignment of responsibilities

Question

Quizplus · Accepted Answer

Designating a corporate controller is an example of the assignment of responsibilities. This characteristic of internal control involves clearly defining roles and responsibilities within an organization to ensure that financial reporting and business operations are handled properly.

Designating a Corporate Controller Is an Example of Which Characteristic