Cashiers and mail room employees who handle cash do not have access to the accounting records. Accountants who record cash receipts do not have on opportunity to handle cash. This is an internal control feature illustrating proper separation of duties.

Question

Quizplus · Accepted Answer

This is an example of the separation of duties, a fundamental principle of internal control that aims to prevent fraud and errors by ensuring that no single individual has control over all aspects of a financial transaction.

Cashiers and Mail Room Employees Who Handle Cash Do Not