Permitting only designated personnel such as cashiers to handle cash receipts is an application of the principle

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Permitting only designated personnel such as cashiers to handle cash receipts is an application of the principle of:

(a) segregation of duties.

(b) establishment of responsibility.

(c) independent internal verification.

(d) other controls.

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Financial Accounting Tools For Business Decision Making

ISBN: 9780471169192

1st Edition

Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso

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