Multiple Choice
A result of a separation of duties is that
A) operations become extremely inefficient because of constant training of employees.
B) more employees will need to be bonded.
C) theft by employees becomes impossible.
D) theft is possible only if several employees scheme together
Correct Answer:

Verified
Correct Answer:
Verified
Q97: The petty cash fund of Writer Company
Q98: One of the best ways to control
Q99: When a company makes payment for goods
Q100: In a small business,active involvement by the
Q101: Explain management's responsibility as it pertains to
Q103: Under a perpetual inventory system,is it necessary
Q104: The use of prenumbered documents is important
Q105: Bonding provides a guarantee against theft.
Q106: In the financial statements,the balance of the
Q107: A check authorization is a document that