Question

"Control Activities or Procedures:

________ of duties, or dual ______
System of _______
________ checks
_______ safeguards
_______ and records
A) Separation of duties, or dual,Controls
B) System of , Controls
C) Checks , Safeguards
D) Logs , and records

Answer 1

The student's question is about key components of internal control procedures in business, such as separation of duties, authorizations, checks, safeguards, logs, and records.

Step-by-step explanation:

The terms in the student's question relate to Control Activities or Procedures in the context of internal control systems within organizations. These procedures are critical components for maintaining the integrity of financial and operational processes. They include:

• Separation of duties, or dual custody
• System of authorizations
• Independent checks
• Physical safeguards
• Logs and records

The blanks in the student's question can be filled as follows: 'Separation of duties, or dual custody, System of authorizations, Independent checks, Physical safeguards, Logs, and records'