Question: Internal control is an important concept for Curly's business, separation of duties is part on of an internal control framework and refers to: Multiple Choice

Internal control is an important concept for Curly's business, separation of duties is part on of an internal control framework and refers to: Multiple Choice C ) Having manager evaluate their employees at least annually Senior management reviewing monthly variances between actual expenses versus budget. Oo oo Preventing top management and lower level employees from interacting Individuals who have physical responsibility for assets should not also have access to accounting records Help Save & Exit Maple Company buys and resells hand-crafted wood chairs. The following inventory, purchases, and sales data are for the Maple during the month of January, Maple uses the periodic inventory method Inventory Purchases: Vanuary Sales Beginning: Jan. 3 - 8 units at $50 each 27 units 18 @50 each Jan. 8-6 units at $63 each Jan. 23 - 14 units at $65 each Under LIFO, Ending Inventory is: Multiple Choice 225
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