For proper internal control, there should be adequate separation of duties. However, the extent of separation of duties considered "adequate" does not depend on the size of the organization.

Question

Quizplus · Accepted Answer

The extent of separation of duties considered "adequate" does depend on the size of the organization, as smaller organizations may have fewer staff and resources, making it more challenging to separate duties as extensively as larger organizations.

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