Which of the following serve as examples of strong separation of duties within the context of the acquisition/payment process?
A)Establishing a purchasing department
B)Requiring all purchases over $500 to be approved by a manager
C)Both establishing a purchasing department and requiring all purchases over $500 to be approved by a manager
D)Neither establishing a purchasing department nor requiring all purchases over $500 to be approved by a manager

Question

Quizplus · Accepted Answer

Establishing a purchasing department creates a clear separation of duties between those who are responsible for making purchases and those who are responsible for paying for them. Requiring all purchases over a certain amount to be approved by a manager adds an additional layer of oversight and control over the purchasing process, thus further strengthening the separation of duties. Together, these measures help ensure that no single individual has complete control over the acquisition and payment process, reducing the risk of fraud or errors.

Which of the Following Serve as Examples of Strong Separation