An example of separation of duties would be not allowing an employee who receives cash to also be responsible for depositing that cash in the bank account.

Question

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Separation of duties is a principle in internal control that requires different individuals or departments to be responsible for different activities. This helps to prevent fraud, errors, and other misconduct by ensuring that no one person has complete control over a process or transaction. In the given example, separating the task of receiving cash and depositing it in the bank account ensures that there is no opportunity for the employee to steal or misplace the funds.

An Example of Separation of Duties Would Be Not Allowing