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Segregation of Duties Is a Fundamental Principle of Internal Control

Question 1

Multiple Choice

Segregation of duties is a fundamental principle of internal control. It is established as a principle of internal control in order to ensure: ?


A) Employees cannot collude together to commit fraud.
B) No one person has complete control of any aspect of the accounting function.
C) No one individual can control the processing of a transaction from start to finish.
D) It is difficult to conceal errors or frauds.

Correct Answer:

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