QUESTION IMAGE
Question
which internal control principle prescribes the use of pre - numbered sales slips? multiple choice apply technological controls. maintain adequate records. perform regular and independent reviews. establish responsibilities. divide responsibility for related transactions.
Brief Explanations
Pre - numbered sales slips help in maintaining a proper sequence of transactions, which is part of maintaining adequate records. This ensures that no sales are omitted or duplicated and provides an audit trail.
Snap & solve any problem in the app
Get step-by-step solutions on Sovi AI
Photo-based solutions with guided steps
Explore more problems and detailed explanations
B. Maintain adequate records