Which of the following would not be found in a good system of internal control?
A)Requiring all employees to take earned vacations
B)Establishing a system of checks and balances
C)Having one person handle all the responsibilities of a department
D)Establishing an internal audit staff

Question

Quizplus · Accepted Answer

Having one person handle all the responsibilities of a department does not provide proper segregation of duties and increases the risk of fraud or errors. A good system of internal control should have checks and balances, require vacations to identify any abnormalities, and have an internal audit staff to provide independent oversight.

Which of the Following Would Not Be Found in a Good