Cadmia Services hired a new clerk to keep custody of and maintain all the equipment in the equipment yard. The clerk has not yet been adequately trained on the maintenance needs of the equipment
In the above situation, which internal control procedure needs strengthening?
A) assignment of responsibilities
B) competent, reliable, and ethical personnel
C) separation of duties
D) documents
B
You might also like to view...
A major advantage to store ownership (versus leasing) is the _____
a. low investment b. lower property taxes c. freedom from lease renewal concerns d. ability to secure regional shopping center locations
In packaging, dye packs are ______.
a. freebies for people who wish to dye their hair b. used to prevent theft c. often made available in different colors d. used to increase the manufacturing cost of a product
From the list below, identify the company that is not the lowest-cost provider in its industry.
A. Amazon B. Nucor Steel C. Southwest Airlines D. Walmart E. CNN
The parol evidence rule does not prevent the use of evidence that a party would like to use to establish the defense of fraud, duress, or undue influence
a. True b. False Indicate whether the statement is true or false