Adequate separation of duties would prohibit the payroll department from recording the transactions related to payroll.

Name: Adequate separation of duties would prohibit the payroll department from recording the transactions related to payroll.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Separation of duties is a key internal control that prevents any single individual from having control over all aspects of a financial transaction, reducing the risk of errors or fraud.

Adequate Separation of Duties Would Prohibit the Payroll Department from Recording