Which of the Following Duties Would Indicate a Weakness in Internal

question 24

Multiple Choice

Which of the following duties would indicate a weakness in internal controls?

• A)The accounting function is under the controller.
• B)The custodianship of cash is the responsibility of the treasurer's function.
• C)The internal auditor reports to the board of directors.
• D)The custodianship of buildings and equipment is the responsibility of the controller's function.

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Definitions:

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