SLO-4.1. Which of the following would not qualify as an internal control procedure within a business: OSeparate responsibilities for cash handling and recordkeeping. ORotate duties of personnel. OAllow good employees to skip taking their vacations for extra pay. OUse an internal auditor to determine if procedures are being followed.

SLO-4.1. Which of the following would not qualify as an internal control procedure within a business: OSeparate responsibilities for cash handling and recordkeeping. ORotate duties of personnel. OAllow good employees to skip taking their vacations for extra pay. OUse an internal auditor to determine if procedures are being followed.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

SLO-4.1. Which of the following would not qualify as an
internal control procedure within a business:
OSeparate responsibilities for cash handling and
recordkeeping.
ORotate duties of personnel.
OAllow good employees to skip taking their
vacations for extra pay.
OUse an internal auditor to determine if
procedures are being followed.

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