Question: Which of these is not a good internal control practice? Select one: a. The use of the periodic inventory system for stock control b. Taking

Which of these is not a good internal control practice? Select one: a. The use of the periodic inventory system for stock control b. Taking out a trial balance c. The use of passwords for computer access d. The pre-numbering of documents Your answer

Step by Step Solution

★★★★★

3.47 Rating (157 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock

b Taking out a trial balance it is Weak internal controls as A t... View full answer

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 Organizational Behavior Questions!

The mechanism shown is used to lower disabled persons into a whirlpool tub for therapeutic treatment. In the unloaded configuration, the weight of the boom and hanging chair induces a compressive...

Which of these is NOT a problem with classifying multiracial/multiethnic individuals? It is difficult to classify a household (e.g. for the Census or NCVS) when the parents are of different...

Which of these is incorrect concerning inspiration? a. Rib cage moves up and out. b. Diaphragm contracts and moves down. c. Pressure in lungs decreases, and air comes rushing in. d. The lungs expand...

Which of these is not a type of epithelial tissue? a. Simple cuboidal and stratified columnar b. Bone and cartilage c. Stratified squamous and simple squamous d. Pseudostratified and transitional e....

Which of these is not a good internal control practice? Select one: a. The use of the periodic inventory system for stock control b. Taking out a trial balance c. The use of passwords for computer...

I am confusing filling out the 6 tables! please help me to fill them out and also the excel calculation process! ACCY 303 Group Project: Constructive Capitalization of Operating Leases The purpose of...

1. (Points: 1) The primary purpose of hiring a public accounting firm to examine the financial statements of the company is a. to assure no fraud has been committed by the company's management b. to...

THIS IS SUPPOSE TO TAKE ABOUT AN HOUR TO COMPLETE. PLEASE SHOW WORK. THANK YOU!!! Print Close 8. Background Assume it is currently June 1, 2022. You are working for the temporary accounting...

TOPIC: Business Ethics Evaluate John Mackeys paradigm of conscious capitalism and his argument that, 'There is no inherent reason why business cannot be ethical, socially responsible, and profitable....

Please help me and answer my questions to this exam asap. Thank you and looking forward to your answers! :-) West Los Angeles College Accounting 2 Exam #3 Please select the best answer from an...

Read the Southwest ApplianceInherent Risk andControlDesign I uploadedthat describesTask 3 beginning on page 20. You will also need to refer back to the case description to perform the assigned task....

(b) (c) (a) X The results obtained from pressure acid leaching of copper ore particles in a batch test are listed and plotted below to show that the results agree with a shrinking core kinetic model....

XYZ company invests in a ten (10) year maturity, fixed-rate loan that pays eight percent (8%) per annum every 3 months. To finance the investment, it has borrowed in the short-term money market at...

Which of the following represents expert power? Group of answer choices Julian's power is based on his ability to give bonuses to his followers for achieving established goals. Ashley's power comes...

Explain void and voidable contracts with examples.

The distance d of a point Pto the line through points A and Bis the length of the component of AP that is orthogonal to AB, as indicated in the diagram So the distance from P- (5,-2,5) to the line...

A university has just employed you as an IS auditor.Your first assignment is to setup this IS audit department. Outline from your own understanding the roles of the following people: The Executive....

12. Titration of a 10.0 mL solution of NH3 requires 15.0 mL of 0.0250 MHA solution. What is the molarity of the NH3 solution? [10.94]

Verified Coinbase Accounts For Sale With High Trust Buy Verified Coinbase Accounts. At affordable prices, we offer verified bank accounts and crypto accounts that are safe and secure. Digital...

What is the structure of a virus? Is a virus Irving? Explain how a virus is able to reproduce?

Which of the following is not part of the fluid-mosaic model? a. Phospholipids b. Proteins c. Cholesterol d. Chromatin

Describe the structure of a taste bud and explain how a taste cell functions?

Refer to Exercise 1.67 and data set EX0167. In addition to the normal body temperature in degrees Fahrenheit for the 130 individuals, the data record the gender of the individuals. Box plots for the...

No Doubt Company includes 1 coupon in each box of soap powder that it packs, and 10 coupons are redeemable for a premium (a kitchen utensil). In 2019, No Doubt Company purchased 8,800 premiums at 80...

Choo Laboratories holds a valuable patent (No. 758-6002-1A) on a precipitator that prevents certain types of air pollution. Choo does not manufacture or sell the products and processes it develops....