The second step in the acquisition/payment process promotes strong internal control through:
A)Properly labeled documents.
B)Separation of duties.
C)Both properly labeled documents and separation of duties.
D)Neither properly labeled documents nor separation of duties.

Question

Quizplus · Accepted Answer

Both properly labeled documents and separation of duties are important for promoting strong internal control in the acquisition/payment process. Properly labeled documents ensure that transactions can be easily tracked and identified, while separation of duties ensures that no single individual has too much control or influence over the process, reducing the risk of errors or fraud.

The Second Step in the Acquisition/payment Process Promotes Strong Internal