Sound Internal Control Can Be Described as Separating All of the Following

question 52

Multiple Choice

Sound internal control can be described as separating all of the following duties and responsibilities except for:

• A)transaction authorization.
• B)recordkeeping.
• C)custody of, or direct access to, assets.
• D)hiring of employees.

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Definitions:

Total Work Days

The total number of days employees are scheduled to work within a specific period, often used to calculate productivity or allocate resources.

NLRA

The National Labor Relations Act, a foundational statute in United States labor law which guarantees the rights of private sector employees to organize into trade unions, engage in collective bargaining, and take collective action such as strikes.

Economic Strike

A work stoppage by unionized workers to enforce demands regarding wages, benefits, or working conditions.

Recognition Strikes

Strikes initiated by workers to force an employer to recognize their union as the official bargaining agent for the workforce.