A company has a policy of rotating employees' assigned duties. This policy is most important for employees who:
A) are not bonded.
B) maintain the detailed accounting records.
C) handle cash receipts.
D) have access to the general ledger.
E) serve as inventory clerks.

Question

Quizplus · Accepted Answer

Rotating employees who handle cash receipts is crucial for preventing fraud and embezzlement, as it reduces the opportunity for any single employee to manipulate records or misappropriate funds over a prolonged period.

A Company Has a Policy of Rotating Employees' Assigned Duties