A very small company would have the most difficulty in implementing which of the following internal control activities?
A)Sound personnel procedures
B)Periodic independent verification
C)Limited access to assets
D)Separation of duties

Question

Quizplus · Accepted Answer

Separation of duties requires that different individuals handle different aspects of a transaction, such as authorization, processing, and recording. This can be difficult for a very small company that may only have one or two employees who handle all aspects of a transaction. Sound personnel procedures, limited access to assets, and periodic independent verification can all still be implemented by a small company with limited resources.

A Very Small Company Would Have the Most Difficulty in Implementing