Segregation of incompatible duties (a) Is a guarantee that fraud cannot occur (b) Is the same as performance review by a supervisor (c) Usually increases the risk of fraud unless a supervisor is subject to a performance review (d) Occurs when different people authorise transactions, record transact...

Segregation of incompatible duties: (a) Is a guarantee that fraud cannot occur. (b) Is the same as

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Segregation of incompatible duties:

(a) Is a guarantee that fraud cannot occur.

(b) Is the same as performance review by a supervisor.

(d) Occurs when different people authorise transactions, record transactions and maintain custody of assets.

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Auditing A Practical Approach

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3rd Edition

Authors: Robyn Moroney, Fiona Campbell, Jane Hamilton

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Question Posted: Nov 10, 2023 12:53 AM

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Segregation of incompatible duties: (a) Is a guarantee that fraud cannot occur. (b) Is the same as

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d Occurs when differ...View the full answer

Auditing A Practical Approach

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