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All over-the-counter receipts are entered in cash registers.
(a)Select the principle of internal control
(b) All cashiers are bonded. Select the principle of internal control
(c) Daily cash counts are made by cashier department supervisors. Select the principle of internal control
(d) The duties of receiving cash, recording cash, and having custody of cash are assigned to different individuals. Select the principle of internal control
(e) Only cashiers may operate cash registers.

Respuesta :

stevenslusser

Answer:

(a) Physical controls

(b) Human resource controls

(c) Independent internal verification

(d) Segregation of duties

(e) Establishment of responsibility

Explanation:

(a) All over-the-counter receipts are entered in cash registers. That is an example of the physical controls principle.

(b) All cashiers are bonded. That is an example of the human resource controls principle.

(c) Daily cash counts are made by cashier department supervisors. That is an example of the independent internal verification principle.

(d) The duties of receiving cash, recording cash, and having custody of cash are assigned to different individuals. That is an example of the segregation of duties principle.

(e) Only cashiers may operate cash registers. That is an example of the establishment of responsibility principle.

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