In a small business,because it is often cost-prohibitive to hire extra employees,the lack of certain separations of duties can best be overcome by
A) hiring only honest employees.
B) bonding the employees.
C) holding one person responsible for a given set of transactions.
D) getting the owner actively involved.

Question

Quizplus · Accepted Answer

Getting the owner actively involved can help mitigate risks associated with lack of separation of duties by providing oversight and ensuring checks and balances.

In a Small Business,because It Is Often Cost-Prohibitive to Hire