The principle of establishing responsibility does not includeGroup of answer choicesone person being responsible for one task.approval of transactions.independent internal verification.authorization of transactions.

Allowing only the treasurer to sign checks is an example ofGroup of answer choicesestablishment of responsibility.segregation of duties.other controls.documentation procedures.

An accounts payable clerk also has access to the approved supplier master file for purchases. The control principle ofGroup of answer choicesestablishment of responsibility is violated.independent internal verification is violated.documentation procedures is violated.segregation of duties is violated.

Which of the following is BEST at providing evidence which helps companies enforce the principle of establishing responsibility?Select answer from the options belowrequiring identifying passcodes in order to carry out activitiesprenumbered documentsrotating employees' dutiesbackground checks

Multiple Choice QuestionThe study of the behavior of individuals and groups in organizational settings is referred to as _____.Multiple choice question.control systemshuman relationsbehavior modificationcorporate responsibility

Choose the most appropriate examples of the internal control principle, segregation of duties, from the below:Group of answer choicesassigning responsibility to the CEO for implementing strategy and assigning responsibility to the Human Resources Manager for all staff hires.verification by an internal auditor and checking done by another employee covering for an employee who is on annual leave.purchase of goods and the authorisation of payment for those goods are done by different employees in the organisation.having different documents for different functions in an organisation which contain evidence of transactions.