In a manual system with proper segregation of duties, an employee in the general ledger department should only
A)Authorize posting to the general ledger
B)Post transactions to the general ledger
C)Reconcile the subsidiary ledger to the general ledger
D)Post transactions to the subsidiary ledger

Question

Quizplus · Accepted Answer

In a manual system with proper segregation of duties, an employee in the general ledger department should primarily be responsible for posting transactions to the general ledger. This ensures that the task of recording financial transactions is separated from authorization and reconciliation processes, reducing the risk of errors or fraud.

In a Manual System with Proper Segregation of Duties, an Employee