Which of the following is desirable in a good system of internal accounting control?
A) Responsibility and authority for a given function should be shared among several employees
B) Appropriate forms, such as checks and sales invoices, should have preprinted control numbers
C) All accounting personnel in a firm should be bonded
D) To obtain the benefit of specialization, employees should not be rotated among similar jobs
E) None of the above

Question

Quizplus · Accepted Answer

Preprinted control numbers on forms like checks and sales invoices help in tracking and controlling transactions, making it easier to prevent and detect errors or fraud. This is a common and effective internal control measure.

Which of the Following Is Desirable in a Good System