The single most effective control established to avoid allowing any person to be in a position

to perpetrate and then conceal errors or fraud is to

A. Establish separate functional responsibilities for asset custody, recordkeeping, and

authorization.

B. Require each employee to take a vacation each year.

C. Establish an internal auditing department.

D. Require the bonding of personnel in positions that necessitate handling of cash and other

universally desirable valuables.