Match the Action with the Category of Internal Control Procedures

question 4

Multiple Choice

Match the action with the category of internal control procedures
-Safeguarding assets

• A)One department should check on another
• B)Internal audit staff ensure all is working as intended
• C)Accounting and cash collection is properly separated
• D)Blank checks are locked at all times when not in use
• E)Origination of initial entry into accounting system
• F)Specific authority is given by management for the performance of activities.

---

Definitions:

Rupees

The official currency of India, symbolized as INR, and used in financial transactions within the country.

Import

The act of bringing goods or services from a foreign country for sale or use.