Which Internal Control Activity Is Followed When Inventory Storage Areas

question 156

Multiple Choice

Which internal control activity is followed when inventory storage areas are secured with limited access?

• A)segregation of duties
• B)safeguarding of assets and records
• C)checks on recorded amounts
• D)clearly defined authority and responsibility

---

Definitions:

Recognition

The cognitive process of identifying and acknowledging the presence or existence of something previously seen, heard, or known.

Repetition

The act or process of doing something again, either once or multiple times, often used for emphasis or to reinforce an idea.

Recency Effect

The tendency to remember the most recently presented information best.

Serial Position Effect

A memory phenomenon where items at the beginning and end of a list are remembered better than those in the middle.