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    Vettese09's Avatar
    Vettese09 Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Nov 18, 2014, 05:41 PM
    Accounting Internal Controls:
    1.What is the single best internal control procedure that can be used, and explain it?
    2.Why do we say that it is not a good idea to have one person compete all transactions from start to finish
    3.Which asset is the most vulnerable and why
    4.What is a blind copy, what department used it and why?
    paraclete's Avatar
    paraclete Posts: 2,706, Reputation: 173
    Ultra Member
    		  
    #2

    Nov 19, 2014, 06:00 AM
    Proper authorisation procedures
    Use your imagination, but invitation to fraud tops the list
    I'm going to leave the rest up to you
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