There should be adequate segregation of duties between _______.
A)obtaining authorization for purchase returns, shipping goods, and recording debit memos
B)obtaining authorization for purchase returns, selling goods, and recording debit memos
C)obtaining authorization for purchase returns, shipping goods, and recording credit memos
D)obtaining authorization for purchase returns, selling goods, and recording payables memos

Question

Quizplus · Accepted Answer

Obtaining authorization for purchase returns should be segregated from shipping goods and recording debit memos to prevent the same person from both authorizing the return and handling the goods or recording the transaction.

There Should Be Adequate Segregation of Duties Between _______