An accounts payable clerk also has access to the approved supplier master file for purchases. The control activity
A) establishment of responsibility is violated.
B) independent check of performance is violated.
C) documentation procedures is violated.
D) segregation of duties is violated.

Question

Quizplus · Accepted Answer

Segregation of duties is a key internal control that helps to prevent fraud and errors. This principle dictates that no single individual should have control over all aspects of a financial transaction. When an accounts payable clerk has access to both processing payments and the approved supplier master file, it means they could potentially create fraudulent transactions or alter information without detection. This violates the segregation of duties control by combining duties that should be separated to ensure checks and balances.

An Accounts Payable Clerk Also Has Access to the Approved