An accounts payable clerk also has access to the approved supplier master file for purchases. The control principle of
A) establishment of responsibility is violated.
B) independent internal verification is violated.
C) documentation procedures is violated.
D) segregation of duties is violated.

Question

Quizplus · Accepted Answer

The segregation of duties principle is violated because the accounts payable clerk has access to both the purchase authorization and supplier master file, which creates the opportunity for them to falsify records, make unauthorized purchases, or pay fraudulent invoices. The ideal control would be to have different individuals responsible for each of these tasks to minimize the risk of fraud or error.

An Accounts Payable Clerk Also Has Access to the Approved