In the Following Situation, Which Internal Control Procedure Needs Strengthening

question 70

Multiple Choice

In the following situation, which internal control procedure needs strengthening? Syria Services hired a new accounting manager. He signed a contract for a new accounting information system, but his position did not specify whether he was authorized to do so or not.

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

---

Definitions:

Sherman Act

A foundational antitrust law in the United States that prohibits monopolistic practices and promotes competition.

Civil Litigation

The process of resolving disputes between individuals or entities through the court system, involving non-criminal matters.

Antitrust Complaints

Allegations made against entities suspected of engaging in anti-competitive practices that violate antitrust laws designed to promote fair competition.

International Business

Commercial activities that occur across national borders, including trade, investment, and operational activities.