Which Internal Control Procedure Is Followed When a Physical Count

question 116

Multiple Choice

Which internal control procedure is followed when a physical count of inventory is performed in a perpetual inventory system?

• A) Segregation of duties
• B) Safeguarding assets and records
• C) Independent verifications
• D) Proper authorizations

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Definitions:

Drives

Internal motivational states that compel individuals to engage in particular behaviors to satisfy specific needs.

Employee Motivation

The level of enthusiasm, energy, and commitment that employees bring to their job, which can significantly affect their performance and productivity.

Feedback Strategy

A method or plan for providing constructive criticism and suggestions to improve performance.

Sales Representatives

Individuals who sell products or services on behalf of a company, often directly to customers.