A proper segregation of duties requires that an individual A. Authorizing a transaction records it. B. Maintaining custody of an asset be entitled to access the accounting records for the asset. C. Recording a transaction not compare the accounting record of the asset with the asset itself. D. Authorizing a transaction maintain custody of the asset that resulted from the transaction.

C. Recording a transaction not compare the accounting record of the asset with the asset itself.

Explanation:

Financial accounting is an accounting technique used for analyzing, summarizing and reporting of financial transactions like sales costs, purchase costs, account payables and receivables of an organization using standard financial guidelines such as Generally Accepted Accounting Principles (GAAP) and financial accounting standards board (FASB).

Thus, it is a field of accounting involving specific processes such as recording, summarizing, analysis and reporting of financial transactions with respect to business operations over a specific period of time. Financial experts or accountant uses either the cash basis or accrual basis of accounting.

Segregation of duties helps to ensure that no single person has a sole control over the life cycle or span of a particular transaction. Thus, it is typically used for internal controls and risk management in businesses.

Hence, a proper segregation of duties requires that an individual that is saddled with the responsibility of recording a transaction not to compare the accounting record of the asset with the asset itself, instead it would be compared by another as an internal control measure.