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In DFAS Which of the following statements about effective internal control is NOT accurate: A. Segregation of duties is an internal control activity used to
In DFAS Which of the following statements about effective internal control is NOT accurate: A. Segregation of duties is an internal control activity used to prevent one person form controlling multiple aspects of a transaction that might allow that person to both cause and conceal misstatements whether errors or fraud B. Effective internal control procedures depend largely on relying on the fewest number of people as possible to record and adjust high value transactions C. Internal control involves eliminating opportunities to conceal errors or irregularities D. Segregation of duties, or separation of duties, minimizes the potential for errors or attempts at fraud or embezzlement from going undetected
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