Proper separation of duties is useful to prevent various types of misstatements. Which of the following is not an essential separation of duties?
A) Persons having access to cash should also be responsible for recording sales, accounts receivable, and cash.
B) Separate the credit-granting function from the sales function.
C) Personnel doing internal comparisons should be independent of those entering the original data.
D) Anyone responsible for entering sales and cash receipts transactions information into the computer should be denied access to cash.

Question

Quizplus · Accepted Answer

This choice suggests combining duties that should be separated. Persons having access to cash should not be responsible for recording sales, accounts receivable, and cash as it creates an opportunity for fraud or errors. Separation of duties is meant to create a system of checks and balances, and this choice goes against it.

Proper Separation of Duties Is Useful to Prevent Various Types