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  3. Study Set
    Financial Accounting Information for Decisions
  4. Exam
    Exam 6: Reporting and Analyzing Cash and Internal Controls
  5. Question
    Separation of Duties Divides Responsibility for a Transaction or a Series
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Separation of Duties Divides Responsibility for a Transaction or a Series

Question 126

Question 126

True/False

Separation of duties divides responsibility for a transaction or a series of transactions between two or more individuals or departments.Separation of duties reduces the risk of error and fraud.

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