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    Exam 11: Internal Control and Coso Framework
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    A Small Business Has Four Employees, Including the Owner of the Business
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A Small Business Has Four Employees, Including the Owner of the Business

Question 131

Question 131

True/False

A small business has four employees, including the owner of the business, working for the business on a daily basis processing cash receipts, making cash disbursements, processing payroll, and invoicing customers. In this situation, separation of duties is impossible.

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