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.
(c) Usually increases the risk of fraud unless a supervisor is subject to a performance review.
(d) Occurs when different people authorise transactions, record transactions and maintain custody of assets.
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Auditing A Practical Approach
ISBN: 9780730364573
3rd Edition
Authors: Robyn Moroney, Fiona Campbell, Jane Hamilton
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