Which of the Following Is an Appropriate Internal Control Activity

question 151

Multiple Choice

Which of the following is an appropriate internal control activity for cash?

• A)Record keeping and custodianship over cash should be performed by the same person.
• B)Banking facilities should be used as little as possible.
• C)All payments should be made with currency, not checks.
• D)The amount of cash on hand should be kept to a minimum.

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Definitions:

Properly Declared

Refers to variables, functions, or other identifiers in code that have been defined following the syntactical and contextual rules of the programming language.

Syntax Error

An error in the code due to violation of the programming language's rules or grammar.

Control Statements

Instructions in programming that control the flow of execution, such as loops, if-else conditions, and switch cases.

Flag-controlled

A loop or program segment that uses a boolean variable (flag) to control its execution flow.