In the Following Situation, Which Internal Control Procedure Needs Strengthening

question 74

Multiple Choice

In the following situation, which internal control procedure needs strengthening? The controller's duties at New Era Inc. include approving bank reconciliations, approving general journal entries, hiring administrative staff, and approving various types of administrative expenses. She needs new computer equipment for the accounting office, but there are no guidelines specifying whether she can approve purchases of office equipment.

• A)assignment of responsibilities
• B)competent, reliable, and ethical personnel
• C)separation of duties
• D)documents

---

Definitions:

Basic Needs

Fundamental requirements necessary for individuals to live a healthy and comfortable life, often represented as physiological needs such as food, water, shelter, and safety.

Immediacy

The quality of being immediate or present; in therapy, it refers to addressing issues as they occur within the therapeutic session.

Verbalizations

The act of expressing thoughts, feelings, or ideas through spoken words, important in therapy for communicating and understanding client perspectives.

Presenting Emotion

The initial emotional state or feeling expressed by a client at the outset of a therapy session, which may not fully encapsulate their underlying issues.