Which of the Following Describes the Internal Control Procedure Assignment

question 143

Multiple Choice

Which of the following describes the internal control procedure assignment of responsibilities?

• A) To validate their accounting records, a company should have an audit by an external accountant.
• B) The company should separate the custody of assets from accounting.
• C) The external auditors will monitor internal controls.
• D) Have clearly assigned responsibilities for each position.

Recognize the role of human resource audits and performance assessments in organizational improvement.

Comprehend the importance of educational attainment in the workforce.

Understand the role and scope of functional authority in HR and contexts where it's applicable.

Recognize the importance of HR managers in scanning environments for future planning.

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Programmed

Created or designed to perform specific tasks or functions according to a set of instructions.

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A task or project assigned to a group of individuals, requiring collaboration, communication, and possibly diverse skills to complete.

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Intense enthusiasm or interest pursued with zeal during one's early years.