Separation of duties refers to: Multiple Choice Individuals who have physical responsibility for assets should not also have access to accounting records. Preventing top management and lower-level employees from interacting. Making each manager personally responsible for his/her department. Keeping functions across different departments separate.
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Separation of duties is a principle in internal control that aims to prevent fraud and errors by dividing responsibilities among different individuals or departments. This ensures that no single person has complete control over a process or transaction from Show more…
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