A Physical Count of Inventory Is Required Even Though the Company

question 5

Multiple Choice

A physical count of inventory is required even though the company uses the perpetual inventory system.This is an example of which of the following internal control activities?

• A)Segregation of duties
• B)Safeguarding of assets and records
• C)Checks on recorded amounts
• D)Clearly defined authority and responsibility

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Definitions:

Whale Pods

Social groups of whales that live, travel, and often hunt together, exhibiting complex behaviors and communication.

Birdsong

The vocal expression of birds, often complex sequences of sounds, used for communication among species.

Genetics

The study of heredity and the variation of inherited characteristics.

Territories

Designated geographic areas that are defended by animals or humans from others of the same species, often for the purpose of protecting resources, mating opportunities, or living space.