Accounting · Internal Control System
Which of the following best describes a control activity within financial systems?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Strategic planning conducted at the board of directors level.
- 2The recruitment and onboarding processes of accounting staff.
- 3Specific policies or procedures like authorisations, approvals, and reconciliations.✓
- 4The company's overall tone, culture, and ethical values.
Correct answer
Specific policies or procedures like authorisations, approvals, and reconciliations.
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