The control activity "segregation of duties" is most effective in
A)increasing cost of sales.
B)preventing collusion.
C)assisting employees in performing risk assessment procedures.
D)increasing the likelihood of embezzlement.

Question

Quizplus · Accepted Answer

The control activity "segregation of duties" involves assigning different responsibilities to different individuals to prevent collusion and increase accountability. It helps in preventing fraud, errors, and irregularities. It does not increase the cost of sales or assist employees in performing risk assessment procedures. It also does not increase the likelihood of embezzlement.

The Control Activity "Segregation of Duties" Is Most Effective in