Five Components of Internal Controls Video Lessons

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Problem: When a cashier makes an error ringing up a sale, a manager must be called in order for the sale to be voided and then a new sale rung up. This internal control procedure is referring to the: a. Authorization function b. Record Keeping function c. Custody function d. Maintaining perpetual inventory records

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Problem Details

When a cashier makes an error ringing up a sale, a manager must be called in order for the sale to be voided and then a new sale rung up. This internal control procedure is referring to the:

a. Authorization function

b. Record Keeping function

c. Custody function

d. Maintaining perpetual inventory records

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