Which of the Following Is the Most Basic Internal Control

question 142

Multiple Choice

Which of the following is the most basic internal control for cash?

• A)Checking for counterfeit bills
• B)Counting cash receipts twice
• C)Internal audit of cash procedures
• D)Keeping money in a bank account

---

Definitions:

Felony

A serious crime, typically involving violence, punishable by imprisonment for more than one year or by death.

Burglary

A crime in which someone unlawfully enters a building with intent to commit a felony or theft.

Robbery

The unlawful taking or attempted taking of personal property by force or threat of force and/or by putting the victim in fear.

Explosive Device

A tool or weapon designed to explode, causing damage or destruction through the rapid release of energy.