The control principle related to not having the same person authorize and pay for goods is known as
A)establishment of responsibility.
B)independent internal verification.
C)separation of duties.
D)rotation of duties.

Question

Quizplus · Accepted Answer

Separation of duties is a control principle that ensures no single individual has control over all aspects of a financial transaction, reducing the risk of errors or fraud.

The Control Principle Related to Not Having the Same Person