Which one of the following reflects a weak internal control system? a. a single employee is responsible for comparing a receiving report to an invoice b. all employees must take their vacations c. all employees are well supervised d. a single employee is responsible for collecting and recording of cash

Question

Mathematics

Landen Wall

7 January, 22:36

Which one of the following reflects a weak internal control system? a. a single employee is responsible for comparing a receiving report to an invoice b. all employees must take their vacations c. all employees are well supervised d. a single employee is responsible for collecting and recording of cash

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Answers (1)

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Hana Ellison · Answer 1

d. a single employee is responsible for collecting and recording of cash

Step-by-step explanation:

Internal control system within an organization should be strong and effective. However at times, certain discrepancies lead to weakening of internal control mechanism. Primarily this is caused due inadequate supervision. One such example is when a single employee is made responsible for cash collection as well as recording. So the relevant option for the question is D.