The main principles of internal control include which of the following:
A)Establish responsibilities.
B)Maintain minimal records.
C)Use only computerized systems.
D)Bond all employees.
E)Require automated sales systems.

Question

Quizplus · Accepted Answer

Establishing responsibilities is a key principle of internal control as it helps to ensure that tasks are assigned to specific individuals and accountability is clear. The other choices are either not relevant to internal control principles (maintaining minimal records) or are too specific and not universal (using only computerized systems, requiring automated sales systems). Bonding all employees may be a good practice for some organizations, but it is not a universal principle of internal control.

The Main Principles of Internal Control Include Which of the Following