Assigning responsibilities so that related activities are assigned to two or more people is the goal of:
A)restricting access.
B)segregating duties.
C)independently verifying.
D)documenting procedures.

Question

Quizplus · Accepted Answer

Segregation of duties is an internal control designed into the accounting system to prevent an employee from making a mistake or committing a dishonest act as part of one assigned duty and then also covering it up through another assigned duty.Segregation of duties involves assigning responsibilities so that one employee cannot make a mistake or commit a dishonest act without someone else discovering it.

Assigning Responsibilities So That Related Activities Are Assigned to Two