Ron Jones has been a trusted employee for over 10 years.He is responsible for ordering merchandise inventory, receiving the inventory items, and authorizing the payment for these items.Which internal control principle, if any, is being violated?
A)None, Ron has proven to be trustworthy and has enough experience to do a good job.
B)Documentation procedures.
C)Establishment of responsibilities.
D)Segregation of duties.

Question

Quizplus · Accepted Answer

Segregation of duties is being violated because Ron is handling multiple responsibilities that should be separated to prevent errors or fraud.

Ron Jones Has Been a Trusted Employee for Over 10