Respuesta :

ashirnaveed825

Question is incomplete as the options are not given. Complete question is as follows:

All of the following are examples of internal control procedures except

a. using prenumbered documents.

b. reconciling the bank statement.

c. customer satisfaction surveys.

d. insistence that employees take vacations.

Answer:

c. Customer satisfaction surveys,

Explanation:

Internal control is a process  effected by plan management, BOD and other personnel, and those charged with governance, and designed to provide reasonable assurance regarding the achievement of objectives in following categories :

  • Reliability of financial reporting.
  • Compliance with laws and regulations.
  • Effectiveness and efficacy of operations.
  • The orderly and efficient conduct of its business including adherence to management policies
  • The safeguarding of assets
  • The prevention and detection of fraud and error
  • The acccuracy and completeness of the accounting records
  • The timely preparation of reliable financial information

Internal conraol is necessary for survival of an organization's success.

As customer satisfaction surveys are not involved in the internal control proceudres, option C is the right answer.

Otras preguntas