1. please explain
Having one employee prepare company checks and sign those checks relates to which internal
control activity? a violation of proper segregation of duties a violation of adequate documents
and records a good example of checks on recorded amounts a good example of clearly defined
authority and responsiblity Which of the following is not a requirement of a company's top
managers under the Sarbanes-Oxley Act? They must give an opinion about the effectiveness of
the company's internal control over financial reporting. They must certify that they are primarily
responsible for the company's internal controls over financial reporting. They must certify that
the company's financial statements are fairly presented. They may deny responsibility for certain
financal reporting matters if they are not knowledgeable about the proper accounting procedures
for those transactions.
Solution
4) Correct option:
Option a
5) Correct option:
Option d