Question

Two clerks sharing the same cash register is a violation of which internal control principle? Multiple Choice Bond key employees. Establish responsibilities. Maintain adequate records. Insure assets. Apply technological controls.

Answer 1

Answer:

The answer is: Establish responsibilities.

Explanation:

Establishment of responsibility  refers to a very basic characteristic of internal control, an employee is responsible for the task he is assigned to do.

For example, who is responsible for any money missing in the cash register? If both cashiers share the same cash register, how can you assign responsibilities.