Which of the following includes four important internal control procedures? a. independent review and appraisal; design and
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Question:
Which of the following includes four important internal control procedures?
a. independent review and appraisal; design and use of business documents; rotating independent auditors every year; safeguarding of assets and records
b. proper authorization; segregation of duties; independent verification; safeguarding of assets and records
c. proper authorization; segregation of duties; background checks on all employees every month; independent verification
d. independent verification; proper authorization; the audit committee reporting to the controller; safeguarding of assets and records
Related Book For
Auditing and Assurance Services
ISBN: 978-0077862343
6th edition
Authors: Timothy Louwers, Robert Ramsay, David Sinason, Jerry Straws
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