Proper separation of duties involves the purchasing department as the recordkeeping function

Name: Proper separation of duties involves the purchasing department as the recordkeeping function
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Proper separation of duties involves having different individuals or departments responsible for purchasing decisions and recordkeeping functions to ensure accountability and prevent fraud. It is not appropriate for the purchasing department to also handle recordkeeping.

Proper Separation of Duties Involves the Purchasing Department as the Recordkeeping