Of the Following Statements About Internal Control, Which One Is

question 5

Multiple Choice

Of the following statements about internal control, which one is not valid?

• A) No one person should be responsible for the custodial responsibility and the recording responsibility for an asset.
• B) Transactions must be properly authorized before such transactions are processed.
• C) Because of the cost/benefit relationship, a client may apply control procedures on a test basis.
• D) Control activities reasonably insure that collusion among employees cannot occur.

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Definitions:

Partial Thickness Burns

Burns that affect the epidermis and part of the dermis layer of skin, causing blistering and more severe pain.

Second-Degree Burns

Burns that affect both the epidermis and dermis layers of the skin, causing pain, swelling, blistering, and redness.

First-Degree Burns

Burns that affect only the outer layer of skin, causing redness and pain but typically no blisters or permanent damage.

Erythema

Erythema is a redness of the skin or mucous membranes caused by hyperemia (increased blood flow) in superficial capillaries.