Which of the following risks does separation (segregation) of duties control?
A) Errors only
B) Irregularities only
C) Collusion only
D) Errors and irregularities, but not collusion
E) Irregularities and collusion, but not errors

Question

Quizplus · Accepted Answer

Separation of duties is a control designed to prevent errors and irregularities by ensuring that no single individual has control over all aspects of a financial transaction. However, it does not prevent collusion, as individuals can conspire together to bypass controls.

Which of the Following Risks Does Separation (Segregation) of Duties