Which of the Following Is an Attribute of the Internal

question 85

Multiple Choice

Which of the following is an attribute of 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.

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Definitions:

African Americans

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The statistical measure of the number of divorces occurring among the population within a certain time frame, often per 1,000 inhabitants.

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