Which of the following represents the proper segregation of duties in the revenue process?

Question

Quizplus · Accepted Answer

The proper segregation of duties in the revenue process involves separating the inventory management and shipping functions to prevent employees from having too much control over the entire process. This reduces the risk of fraud or errors. Therefore, option C is the best choice as it follows this principle. Option A is incorrect because the person who handles deposits should not also reconcile the cash account. These should be separate functions to prevent errors or fraud. Option B is incorrect because the same clerk should not open mail and post cash receipts to ensure that there is proper segregation of duties. Option D is incorrect because sales representatives should not have the authority to make adjustments to the order, as this could lead to errors or even fraud.

Which of the Following Represents the Proper Segregation of Duties