To maintain good internal control procedures,the person filing a purchase requisition should never approve the payment.

Name: To maintain good internal control procedures,the person filing a purchase requisition should never approve the payment.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Separation of duties is a key principle of internal control, ensuring that no single individual has control over all aspects of a financial transaction to prevent fraud and errors.

To Maintain Good Internal Control Procedures,the Person Filing a Purchase