1). A cashier cashed a check from a customer in payment of an account receivable, pocketed the cash, and concealed the theft by properly posting the receipt to the customer’s account in the accounts receivable ledger.

a). Segregate Custody & Recording
b). No Segregation of Duties
c). Segregate Authorization & Recording
d). Segregate Custody & Authorization

2). The administrative assistant to the CEO receives supplies ordered by the office manager and processes the payment (check) for the CEO to sign.

a). Segregate Custody & Recording
b). No Segregation of Duties
c). Segregate Authorization & Recording
d). Segregate Custody & Authorization

3). The controller does the bank reconciliation each month and processes (prints) accounts payable check runs weekly

a). Segregate Custody & Recording
b). No Segregation of Duties
c). Segregate Authorization & Recording
d). Segregate Custody & Authorization

4). An employee in purchasing approved a PO to purchase a computer and then used the UPS tracking information to receive it at the warehouse dock.

a). Segregate Custody & Recording
b). No Segregation of Duties
c). Segregate Authorization & Recording
d). Segregate Custody & Authorization