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Describe the internal control principle of dividing responsibility for related transactions by selecting the correct statements below. scribe the internal control principle of dividing responsibility
Describe the internal control principle of dividing responsibility for related transactions by selecting the correct statements below.
scribe the internal control principle of dividing responsibility for related transactions by selecting the correct statements below. This principle helps to make sure that the work of one individual acts as a check on another individual's work on a related transaction. Examples of transactions with divided responsibility are placing inventory orders and paying vendors. This principle calls for a duplication of work so that comparisons can be made. This principle is often called separation of dutiesStep by Step Solution
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