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A treasurer of a small organization is in charge of keeping the books and disburses funds (payments to vendors). In that AIS, such responsibilities should
A treasurer of a small organization is in charge of keeping the books and disburses funds (payments to vendors). In that AIS, such responsibilities should be:
prepared by one person as long as checks are issued in sequential order | ||
Eliminated | ||
Separated so as to provide internal control | ||
Performed by a CPA to avoid fraud |
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