Segregation of duties includes separating the sales and credit departments.

Name: Segregation of duties includes separating the sales and credit departments.
Brand: Quizplus
Rating: 4.9 (33 reviews)

Question

Quizplus · Accepted Answer

Segregation of duties is an important internal control measure to prevent fraud and errors. Separating the sales and credit departments ensures that those who approve credit are not the same people who generate sales, reducing the chances of approving credit for unqualified customers.

Segregation of Duties Includes Separating the Sales and Credit Departments