Question: Designating a corporate controller is an example of which characteristic of internalcontrol? A. competent, reliable, and ethical personnel B. proper authorization C. separation of duties

Designating a corporate controller is an example of which characteristic of internalcontrol?

A.

competent, reliable, and ethical personnel

B.

proper authorization

C.

separation of duties

D.

assignment of responsibilities

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Q:

Consider two undeveloped land sites. At site 1 the highest and best use is a warehouse that would cost $1 million to build (exclusive of land cost) and would then generate annual net rents of...

Q:

Quiz: Final Exam Designating a corporate controller is an example of which characteristic of internal control? O A. assignment of responsibilities O B. proper authorization O C. competent, reliable,...

Q:

Designating a corporate controller is an example of which characteristic of internal control? A ) separation of duties B ) competent, reliable, and ethical personnel C ) proper authorization D )...

Q:

Designating a corporate controller is an example of which characteristic of internal control? GA ning O A. assignment of responsibilities O B. separation of duties OC. competent, reliable, and...

Q:

Designating a corporate controller is an example of which characteristic of internal control? O A. competent, reliable, and ethical personnel OB. separation of duties O C. assignment of...

Q:

Quiz: Final Exam Designating a corporate controller is an example of which characteristic of internal control? O A. assignment of responsibilities O B. proper authorization O C. competent, reliable,...

Q:

Question 3 (1 point) A deposit in transit is a deposit which has been recorded in the companys books but NOT yet recorded by the bank. True False Question 4 (1 point) Persons who authorize...

Q:

Quiz: Final Exam Designating a corporate controller is an example of which characteristic of internal control? O A. assignment of responsibilities O B. proper authorization O C. competent, reliable,...

Q:

Please answer all the questions. All of the following are purposes of internal control except to: A ) prevent and detect error and fraud. B ) ensure accurate and reliable accounting records. C )...

Q:

The requirement that a store manager approve all returns of merchandise is an example of which characteristic of internalcontrol? A. proper authorization B. separation of duties C. competent,...

Q:

The requirement that a store manager approve all returns of merchandise is an example of which characteristic of internalcontrol? A. proper authorization B. separation of duties C. competent,...

Q:

A broker has a single agency relationship with a seller any required property condition disclosure would be completed by the : seller broker agent on behalf of broker agent on behalf of seller

Q:

How are the unused resources measured?

Q:

Determine the value of the following limit , if it exists. If infinite, specify either or - . ( If an answer does not exist, enter DNE. ) lim x 4 2 x 2 2 x 2 4 x 2 2 2 x + 7 2 =

Q:

Creek Ratz is a very popular restaurant located along the coast of northern Florida. They serve a variety of steak and seafood dinners. During the summer beach season, they do not take reservations...

Q:

Primera Company produces two products and uses a predetermined overhead rate to apply overhead. Primera currently applies overhead using a plantwide rate based on direct labor hours. Consideration is...

Q:

Refer to the 2010 Baseball data that reports information on the 30 Major League Baseball teams for the 2010 season. Create a frequency distribution for the team payroll variable and answer the...

Q:

Income recognition when collection from the customer is uncertain. Furniture Retailers sells furniture to customers who have relatively poor credit quality, offering extended payment terms. In...

Q:

On October 15, 2010, Flanikin Construction Company contracted to build a shopping center at a contract price of $180 million. The schedule of expected and actual cash collections and contract costs...

Q:

Question 7 . Given the following simple maze, convert the maze into a graph. ( 5 points ) Question 8 . Implement depth first search in the maze function in homework 1 . py . ( 2 0 points ) Question 9...

Q:

2. Take a familiar problem as your starting point. What are the main elements of the problem? Discuss whether you all agree on the choice of main elements.

Q:

2. In this chapter, the reader should reflect on the following concepts: Context, winwin, win-lose, ambiguity, mental model, point of reference.

Q:

2. In this chapter, the reader should reflect on the following concepts: Patterns, symmetrical relationships, complementary relationships.