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

question 32

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

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