Which of the Following Is an Internal Control Weakness for a Company

question 33

Multiple Choice

Which of the following is an internal control weakness for a company whose inventory of supplies consists of a large number of individual items?

• A)Supplies of relatively little value are expensed when purchased.
• B)The cycle basis is used for physical counts.
• C)The warehouse manager is responsible for maintenance of perpetual inventory records.
• D)Perpetual inventory records are maintained only for items of significant value.

---

Definitions:

Scientific Investigation

A systematic process that involves the use of scientific methods to collect data and generate knowledge or validate theories.

Analyse

To examine or review something in detail in order to understand it better or discover more about it.

Conclusions

Statements or judgments reached after considering the relevant facts and evidence.

Operational Definition

A clear, concise detail of a variable used in a study, ensuring that it can be measured, manipulated, and/or controlled.