For proper internal control, there should be adequate separation of duties.However, the extent of separation of duties considered 'adequate' depends heavily on the size of the organisation.

Question

Quizplus · Accepted Answer

This statement is true as the extent of separation of duties required for proper internal control varies based on the size and complexity of the organization. Larger organizations may require a greater degree of separation of duties to ensure adequate internal control, while smaller organizations may need less separation of duties.

For Proper Internal Control, There Should Be Adequate Separation of Duties.However