An employee who makes a sale, ships the goods, and bills the customer violates which control activity?

Question

Quizplus · Accepted Answer

Segregation of duties is a key control activity that aims to reduce the risk of errors or fraud by ensuring that no single individual has control over all aspects of a financial transaction. In this scenario, the employee handling sales, shipping, and billing could potentially manipulate records or commit fraud without detection, as there is no oversight or division of responsibilities.

An Employee Who Makes a Sale, Ships the Goods, and Bills