Which Internal Control Activity Is Followed When Management Authorizes the Purchasing

question 34

Multiple Choice

Which internal control activity is followed when management authorizes the purchasing department to order goods and services for the company?

• A)segregation of duties
• B)safeguarding of assets and records
• C)checks on recorded amounts
• D)clearly defined authority and responsibility

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Definitions:

Theoretical Frameworks

Structured sets of concepts and purposes that guide research, analysis, and interpretation within an academic or scientific study.

Operationalization

Specific manner in which variables in a study are measured or manipulated.

Variables

Variables are elements, features, or factors that are liable to vary or change, often used in experiments to determine if they affect the outcome.

Independent Variable

In an experimental setting, the variable that is manipulated to observe its effect on a dependent variable.