Which of the following is a key element of good internal control?
A)having latest version of information system installed
B)having audits at periodic intervals
C)having a good working environment for employees
D)allowing no vacations and job rotations

Question

Quizplus · Accepted Answer

Having audits at periodic intervals is a key element of good internal control as it helps to identify and prevent potential issues or errors before they become significant problems. It also helps to ensure that policies and procedures are being followed correctly and that employees are adhering to established guidelines. The other choices may be important, but they are not necessarily key elements of good internal control.

Which of the Following Is a Key Element of Good