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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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