Skip to main content
Financial Accounting
My Course
Learn
Exam Prep
AI Tutor
Study Guides
Flashcards
Explore
Try the app
My Course
Learn
Exam Prep
AI Tutor
Study Guides
Flashcards
Explore
Try the app
Back
Principles of Control Activities
Download worksheet
Problem 1
Problem 2
Problem 3
Problem 4
Problem 5
Problem 6
Problem 7
Problem 8
Problem 9
Problem 10
Principles of Control Activities
Download worksheet
Practice
Summary
Previous
3 of 10
Next
6. Internal Controls and Reporting Cash / Principles of Control Activities / Problem 3
Problem 3
Evaluate the effectiveness of independent internal verification in detecting errors and fraud within a company.
A
It is effective because it eliminates the need for documentation procedures.
B
It is ineffective because it relies on employee honesty.
C
It is effective because it involves surprise checks by separate employees.
D
It is ineffective because it requires extensive training.
AI tutor
0
Show Answer