The concept that no one employee should be in a position both to perpetrate and hide errors or fraud in the normal course of their duties is known as segregation of incompatible duties.

Question

Quizplus · Accepted Answer

The concept of segregation of incompatible duties is exactly as described in the statement. It is meant to ensure that no one employee has too much control over a particular aspect of a company's operations, which would provide them with the opportunity to both commit and hide errors or fraudulent activity. By separating incompatible duties among different employees, companies can reduce the risk of such activities occurring undetected.

The Concept That No One Employee Should Be in a Position