The Principles of Internal Control Include Which of the Following

question 57

Multiple Choice

The principles of internal control include which of the following?

• A)Use only computerized systems.
• B)Establish responsibilities.
• C)Maintain perpetual inventory records.
• D)Eliminate fraud.

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Definitions:

Low Level Coding

denotes programming close to the machine level, often in assembly language or C, allowing for greater control over hardware and efficient use of resources but requiring detailed knowledge of the hardware.

BOM Structure

Stands for "Bill Of Materials Structure," detailing a comprehensive list of parts, items, assemblies, and other materials required to create a product.

Final Item

The end product that is produced from manufacturing or production processes, ready for sale or distribution.