The bookkeeper should always receive, deposit, and track all client payments him- or herself.

Name: The bookkeeper should always receive, deposit, and track all client payments him- or herself.
Brand: Quizplus
Rating: 4.9 (54 reviews)

Question

The bookkeeper should always receive, deposit, and track all client payments him- or herself. ​

Quizplus · Accepted Answer

Segregation of duties is a key internal control principle that helps prevent fraud and errors, meaning tasks such as receiving, depositing, and tracking payments should be divided among different individuals.

The Bookkeeper Should Always Receive, Deposit, and Track All Client