Question: Select from the option list provided to match each management action with the appropriate control activity. Each choice may be used once, more than once,
Select from the option list provided to match each management action with the appropriate control activity. Each choice may be used once, more than once, or not at all. Management's action Control activity 1. Investigating performance indicators 2. Review of documents and transactions 3. Safeguarding assets 4. Comparing actual performance with budgeted performance 5. Reconciliation of one document to another 6. Dividing authorization of transactions and recordkeeping 7. Periodic counting of inventory 8. Design and use of adequate documents and records
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
