Which Internal Control Activity Is Followed When a Physical Count

question 99

Multiple Choice

Which internal control activity is followed when a physical count of inventory is performed under a perpetual inventory system?

• A) Segregation of duties
• B) Physical security
• C) Independent verification
• D) Establishing responsibility

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Definitions:

Opposition

A resistance or dissent, characterized by a direct contradiction or counteraction to a proposal or position.

I Proposition

A type of categorical proposition that asserts some, but not all, members of a subject class are also members of a predicate class.

Traditional Square

A diagrammatic representation of the logical relationships between categorical propositions in classical logic.

Existential Import

Pertains to the implication that some assertions within categorical logic assert the existence of at least one instance of something.