Indicate which of the features of an effective internal control system are involved in the practices set out in the following question.
-Segregation of duties involves:
A) clearly establishing responsibility lines
B) maintaining effective records
C) separating record-keeping from handling of assets
D) physically protecting sensitive assets.

Question

Quizplus · Accepted Answer

Segregation of duties involves separating record-keeping from handling of assets, which helps to prevent fraud or errors. Choices A, B, and D are not directly related to segregation of duties.

Indicate Which of the Features of an Effective Internal Control