Homework SourseThe separation of duties control does not illuminate complet
The separation of duties control does not illuminate completely the possibility of embezzlement by employees.
True or false
The separation of duties control does not illuminate completely the possibility of embezzlement by employees.
True or false
True or false
Solution
True.
Seperation of duties is part of internal control which means that no personshould be allowedto undertake all aspect of a transaction.It means transaction should pass through different Individuals. It will help in reducing error and deliberate fraud. But it will not completely eliminate fraud as different persons may themselves agree and commit fraud.
