Two clerks sharing the same cash register is a violation of which internal control principle?
A. Bond key employees.
B. Establish responsibilities.
C. Apply technological controls.
D. Maintain adequate records.
E. Insure assets.
Answer: B
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Fill in the blank(s) with correct word
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Fill in the blank(s) with the appropriate word(s).
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Allyson Godwin plans on setting up a small business where she will offer quilting lessons, sell material and quilting kits that she will create, and market her own creations. Last year her quilting skills earned her $2,000
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