Which of the Following Is a Typical Internal Control

question 3

Multiple Choice

Which of the following is a typical internal control?

• A) The use of password-protected computers and software.
• B) The requirement that separate individuals authorize cash disbursements and sign checks.
• C) The use of physical controls over inventories to prevent loss from theft.
• D) A physical count of inventory at year-end to verify amounts shown on the company's accounting records.
• E) All of the other answers are correct.

---

Definitions:

Fallibility

The propensity to make mistakes or errors due to human imperfection.

Personal Qualities

The characteristics, traits, or attributes that define an individual's personality and behavior.

Responsibility

An obligation to carry out duties or tasks effectively and being accountable for the outcomes.

Outcomes

are the results or consequences of actions taken by individuals or organizations.