Which of the following statements is correct? The person who has custody of assets should...
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Accounting
Which of the following statements is correct? The person who has custody of assets should also perform the recordkeeping for the assets. It is often a waste of company resources to have an employee perform independent internal verification. The person who has custody of assets should not perform the recordkeeping for the assets. Control is most effective when two or three people are given responsibility for the same task.
Which of the following statements is correct?
The person who has custody of assets should also perform the recordkeeping for the assets.
It is often a waste of company resources to have an employee perform independent internal
verification.
The person who has custody of assets should not perform the recordkeeping for the assets.
Control is most effective when two or three people are given responsibility for the same task.
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