Proper segregation of duties requires that the responsibility for approving a payment be separated from posting to the cash disbursements journal.

Question

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Proper segregation of duties is an important internal control principle that ensures no single individual has too much control and responsibility over a transaction. Separating the responsibility for approving a payment from posting to the cash disbursements journal helps prevent errors or fraud from occurring.

Proper Segregation of Duties Requires That the Responsibility for Approving