Which Internal Control Procedure Is Followed When a Physical Count

question 116

Multiple Choice

Which internal control procedure is followed when a physical count of inventory is performed in a perpetual inventory system?

• A) Segregation of duties
• B) Safeguarding assets and records
• C) Independent verifications
• D) Proper authorizations

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Definitions:

Leaking Valve

A malfunction in a valve that allows fluid or gas to escape unintentionally.

Triglyceride Levels

The amount of triglycerides, a type of fat found in the bloodstream, indicative of heart health and metabolic status.

Stroke

A medical condition that occurs when the blood supply to part of the brain is interrupted or reduced, preventing brain tissue from receiving oxygen and nutrients.

Heart Disease

A range of conditions that affect the heart, including coronary artery disease, heart rhythm problems (arrhythmias), and heart defects among others.