Which internal control activity is followed when inventory storage areas are secured with limited access?
A) Segregation of duties
B) Physical security
C) Independent verification
D) Maintaining adequate documentation
B
You might also like to view...
Clark receives a telephone call from his Aunt Mia in which Mia says she has decided to give Clark her pet python as a gift. Clark may refuse to accept, making the intended gift invalid
Indicate whether the statement is true or false
A competency is not core if it is easy for competitors to imitate.
Answer the following statement true (T) or false (F)
Warren, age 17, is claimed as a dependent by his father. In 2017, Warren has dividend income of $1,500 and earns $400 from a part-time job
a. What is Warren's taxable income for 2017? b. Suppose Warren earned $1,200 (not $400) from the part-time job. What is Warren's taxable income for 2017?
The way the leader of an organization knows what he or she can do by his or her own authority and what requires board approval is by the ____________.
Fill in the blank(s) with the appropriate word(s).