Key segregations of duties in the inventory management process include all of the following except separating:
A)cost accounting from review of variance reports.
B)inventory management from cost accounting.
C)cost accounting from the general ledger function.
D)supervision of physical inventory from inventory management.

Question

Quizplus · Accepted Answer

Separating cost accounting from review of variance reports is not a key segregation of duties in the inventory management process. The other choices listed are all important segregation of duties to help prevent errors or fraud in inventory management.

Key Segregations of Duties in the Inventory Management Process Include