A manufacturing company plans to have strong internal accounting controls in place. The company's accounting manager has started taking certain measures in order to establish such controls. Which of the following measures relate to control procedures that form a crucial element
of internal accounting controls?
OA ensuring the flow of information throughout the business's hierarchy
OB. checking if incorrect figures have been entered in the financial statements
OC. comparing an employee's actual performance with the expected performance
OD. authorizing and sanctioning financial transactions in advance

D. authorizing and sanctioning financial transactions in advance

Explanation:

Internal controls are a set of rules, processes, and procedures put in place by an organization to ensure the integrity and reliability of its financial information. Internal control promotes accountability and guards against fraud and theft in the workplace.  

Requiring approval for transactions adds responsibility to a staff member and the authorizing officer. It increases accountability to the process as transactions are deemed to have been seen, analyzed, and authorized by a responsible officer. Requiring approval prevents fraud and thefts as unscrupulous employees will need approval before accessing company resources.

the assumption the narrator makes in this excerpt is that the messages he heards were going to hurt the narrator's mom; the narrator just springs in to action. the narrator doesn't specify in this excerpt why he believes that the messages present a problem that requires protection.