Which internal control activity is violated when the cashier at a cash register in a retail store also records the daily receipts in a journal?
A) Segregation of duties
B) Adequate documentation
C) Independent verification
D) Physical security

Question

Quizplus · Accepted Answer

The principle of segregation of duties requires that different individuals should be responsible for different stages of a transaction in order to reduce the risk of errors or fraud. Recording transactions should be done by someone other than the cashier to ensure accuracy and completeness of the recorded data. If the same cashier is recording and handling cash, there is a risk of errors or fraudulent activity going undetected.

Which Internal Control Activity Is Violated When the Cashier at a Cash