Which of the following is an internal control procedure?
A)segregation of duties
B)policies and procedures
C)documented transaction trails
D)independent recalculations
E)relevant controls that limit access to assets
F)both A and C
G)both B and D
H)both D and E

Question

Quizplus · Accepted Answer

Segregation of duties and documented transaction trails are both examples of internal control procedures designed to prevent errors and fraud within an organization.

Which of the Following Is an Internal Control Procedure