A Very Small Company Would Have the Most Difficulty in Implementing

question 82

Multiple Choice

A very small company would have the most difficulty in implementing which of the following internal control activities?

• A)Sound personnel procedures
• B)Periodic independent verification
• C)Limited access to assets
• D)Separation of duties

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Definitions:

Delicatessen

A store or section of a grocery store selling cured meats, cheese, and other specialty food items.

Inelastic Demand

A situation where the demand for a product does not change significantly with a change in its price.

Gasoline

A volatile, flammable liquid derived from petroleum, used primarily as fuel in internal combustion engines.

Sushi

A traditional Japanese dish consisting of vinegared rice, usually accompanied by various ingredients like seafood, vegetables, and occasionally tropical fruits.