Business, 31.03.2020 04:41 yqui8767

Proper segregation of duties reduces the opportunities to allow any employee to be in a position to both: Multiple Choice Journalize cash receipts and disbursements and prepare the financial statements. Monitor internal controls and evaluate whether the controls are operating as intended. Adopt new accounting pronouncements and authorize the recording of transactions. Record and conceal fraudulent transactions in the normal course of assigned tasks.

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Proper segregation of duties reduces the opportunities to allow any employee to be in a position to...