Title: Identify security considerations related to internal control procedures.
Course: Accounting (12104-I) > Section: Understanding Cash Control Systems

Identification should include

- describing the steps for controlling access to cash, petty cash, and checks
- defining the establishment of responsibilities, segregation of duties, documentation, physical controls, independent internal verification, and human resource controls
- proving cash
- explaining why segregation of duties is necessary within banking, accounts receivable, accounts payable, and inventory control.