Which of the Following Is NOT a Generally Recognized Internal

question 141

Multiple Choice

Which of the following is NOT a generally recognized internal control activity?

• A) establishing clear lines of authority to carry out specific tasks
• B) preparing bank reconciliations on a monthly basis
• C) reducing the cost of hiring seasonal employees
• D) limiting access to computerized accounting records

---

Definitions:

Autonomy versus Shame and Doubt

A stage in Erik Erikson’s theory of psychosocial development where toddlers learn to exercise will and do things for themselves or they doubt their abilities.

Animism

The conviction that every object, location, and being holds a unique spiritual presence.

Postconventional Moral Reasoning

A stage of moral development where individuals make decisions based on internal principles and the consideration of universal ethical rules.

Object Permanence

The understanding that objects continue to exist even when they cannot be observed.