Having one person responsible for the related activities of ordering merchandise, receiving the merchandise, and paying for

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Having one person responsible for the related activities of ordering merchandise, receiving the merchandise, and paying for the merchandise:

a. provides increased security over the firm's assets.

b. is an example of good internal control.

c. is a good example of segregation of duties.

d. increases the potential of fraud.

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Financial Accounting For Undergraduates

ISBN: 9781618533081

4th Edition

Authors: Wallace

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Question Posted: May 16, 2024 12:01 PM

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Having one person responsible for the related activities of ordering merchandise, receiving the merchandise, and paying for

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Financial Accounting For Undergraduates

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