Which of the following are key control procedures for the revenue business process?
A)segregation of transaction trails
B)authorization procedures
C)documented duties
D)independent transaction trails
E)physical controls that limit access to assets
F)both A and B
G)both C and D
H)Both B and E

Question

Quizplus · Accepted Answer

Authorization procedures and physical controls that limit access to assets are key control procedures for the revenue business process. Authorization ensures that transactions are approved by appropriate personnel, while physical controls prevent unauthorized access to assets.

Which of the Following Are Key Control Procedures for the Revenue