Which of the Following Is not a Necessary Internal Control

question 144

Multiple Choice

Which of the following is not a necessary internal control procedure for the replenishment of the petty cash fund?

• A)Segregation of duties.
• B)Documentation procedures.
• C)Independent internal verification.
• D)Employee background check.

---

Definitions:

Financial Difficulty

A situation where an individual or organization struggles to meet financial obligations.

Operating Needs

The essential requirements necessary for a business to maintain and grow its operations, including working capital, equipment, and inventory.

Sales Revenue

Money a company makes from its merchandise sales or services rendered.

Service Charge Expense

Service charge expense refers to fees charged for specific services provided, often recognized as an expense in accounting records.