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Five Components of Internal Controls
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Problem 10
Five Components of Internal Controls
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6. Internal Controls and Reporting Cash / Five Components of Internal Controls / Problem 4
Problem 4
Why is separation of duties crucial in preventing fraud within an organization?
A
It reduces the need for employee training.
B
It increases the speed of transaction processing.
C
It simplifies the accounting process.
D
It ensures that no single individual has control over all aspects of a transaction.
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