Which One of the Following Is Not a Fundamental Internal

question 85

Multiple Choice

Which one of the following is not a fundamental internal control the auditor would expect to find in place for a cash processing system?

• A)Segregation of duties.
• B)Electronic payments.
• C)Authorization of transactions.
• D)Periodic internal audits.

---

Definitions:

Activity

Actions or operations performed by users or systems, often tracked in various applications or platforms for analysis or optimization.

Appointments

Scheduled meetings or arranged encounters between two or more parties at a specific time and place.

Events

Occurrences or actions that trigger a specific response or process, often used in programming or scheduling contexts.

Meetings

Gatherings or assemblies of people, held for the purpose of discussion, decision-making, or presentation on various subjects.