Which of the following is a control related to design and use of documents and records?
A)Locking blank checks in a drawer or safe.
B)Sequentially prenumbering sales invoices.
C)Reconciling the bank statement to the general ledger.
D)Comparing physical inventory counts with perpetual inventory records.

Question

Quizplus · Accepted Answer

Sequentially prenumbering sales invoices helps to ensure that all sales are accurately documented and accounted for, preventing the possibility of transactions being overlooked or duplicated. This is a control related to the design and use of documents and records.

Answers A, C, and D are controls related to other areas such as physical security, cash and bank account reconciliation, and inventory management, respectively.

Which of the Following Is a Control Related to Design