Key Control Procedures for the Long-Term Debt and Owner's Equity

question 76

Multiple Choice

Key control procedures for the long-term debt and owner's equity process are

• A)segregation of duties
• B)reconciliation procedures
• C)documented transaction trails
• D)independent recalculations
• E)physical controls that allow access to assets
• F)both A and C
• G)both B and E
• H)both D and E

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