Proper segregation of accounting duties eliminates the need for internal controls.

Name: Proper segregation of accounting duties eliminates the need for internal controls.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Even with proper segregation of accounting duties, internal controls are still necessary to ensure that the individuals performing the tasks are doing so accurately and honestly. Internal controls provide an added layer of protection against errors and fraud.

Proper Segregation of Accounting Duties Eliminates the Need for Internal