Describe an Internal Control That Would Prevent an Employee from Stealing

question 64

Essay

Describe an internal control that would prevent an employee from stealing a computer and then reporting it as scrapped.

---

Definitions:

Membership

A state of belonging to a group, club, or organization which often comes with specific benefits or privileges.

Cancellation

Cancellation refers to the act of terminating or ending a contract, an agreement, or a service before it is completed or takes effect.

Initial Investment

The amount of money used to start a project, purchase an asset, or initiate an investment.

Capital

Financial assets or resources that individuals, companies, or governments use to fund their operations or invest.