Principles of Internal Control Include All of the Following Except

question 90

Multiple Choice

Principles of internal control include all of the following except:

• A) Apply technological controls.
• B) Maintain minimal assets.
• C) Perform regular and independent reviews.
• D) Separate recordkeeping from custody of assets.
• E) Divide responsibilities for related transactions.

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Definitions:

Pricing Strategy

An approach used by companies to determine the best price point to maximize profit and market share.

Measure Of Success

A standard or set of criteria used to evaluate the effectiveness, achievement, or performance of a task or objective.

Marketing Research Approach

A systematic method employed in analyzing and understanding the market, involving data collection, analysis, and interpretation to inform business decisions.

Marketing Research

The systematic gathering, recording, and analyzing of data about issues relating to marketing products and services to understand the market and make informed decisions.