Management might develop controls related to:
A)segregation of duties between members involved in initiating,approving,implementing and recording transactions.
B)procedures to recognize transactions.
C)requirements for documented transaction trails after transactions are posted.
D)physical controls that provide access to assets.

Question

Quizplus · Accepted Answer

Segregation of duties is a key control to prevent fraud and errors by ensuring that no single individual has control over all aspects of any critical transaction.

Management Might Develop Controls Related To