Internal Control

Identify the type of internal control that has failed:

Someone accidentally left the warehouse lock unlatched when going home for a day

• Physical control

• Documentation procedures

• Segregation of duties

• Responsibilities establishment

Identify the type of internal control that has failed:

Two cashiers shared a cash register when one register broke down

• Segregation of duties

• Responsibility establishment

• Independent internal verification

• Physical control

Identify the type of internal control that has failed:

A company neglected to save its sales receipts for the past year

• Independent internal verification

• Document procedures

• Responsibility establishment

• Physical control

Identify the type of internal control that has failed:

A manager allowed her assistant to skip her vacation this year because she had too much work to do

• Documentation procedures

• Segregation of duties

• Responsibility establishment

• Human resouce

Identify the type of internal control that has failed:

At the end of the long shift, the shift manager asked the cashier to count his cash drawer while the manager handled other closing duties

• Independent internal verification

• Human resource

• Responsibilities establishment

• Segregation of duties

Identify the type of internal control that has failed:

The inventory receiving clerk is also responsible for periodically updating the inventory balance

• Responsibilities establishment

• Segregation of duties

• Human resource

• Documentation procedures