Persons Who Authorize Transactions Should Not Handle the Related Asset

question 39

Multiple Choice

Persons who authorize transactions should not handle the related asset. This is an example of which characteristic of internal control?

• A)competent, reliable, and ethical personnel
• B)assignment of responsibilities
• C)proper authorization
• D)separation of duties

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Definitions:

Electrophilic Chlorination

A chemical reaction where a chlorine atom, acting as an electrophile, is added to another molecule, often involving aromatic compounds or alkanes.

Aromatic Compounds

Organic molecules that contain one or more benzene rings in their structure, characterized by their stable ring system and delocalized pi electrons.

H2O

The chemical formula for water, a compound consisting of two hydrogen atoms bonded to one oxygen atom.

Bromine Substituent

Refers to a bromine atom attached to the carbon skeleton of an organic molecule, affecting its reactivity and properties.