Question

When two clerks sharing the same cash register is a violation of which internal control principle is violated?

a. Establish responsibilities
b. Maintain adequate records
c. Insure assetsBond key employees
d. Apply technological controls

Answer 1

Option A Establish responsibilities

Explanation:

Establishment of responsibility refers to a very basic characteristic of internal control, an employee is responsible for the task he is assigned to do.

Establishment of responsibility refers to a very basic characteristic of internal control, an employee is responsible for the task he is assigned to do.For example, who is responsible for any money missing in the cash register? If both cashiers share the same cash register, how can you assign responsibilities