Question
Larry is an employee of Cracker Jack Electronics, and he needs his business travel expenses reimbursed, but must have approval for payment. He completes an
Larry is an employee of Cracker Jack Electronics, and he needs his business travel expenses reimbursed, but must have approval for payment. He completes an expense report and attaches all of his receipts and submits it. Suzanna is Larrys supervisor, and the assistant controller for Cracker Jack Electronics, and she is responsible for verifying Larrys expense report and signing off on it for approval for reimbursement. This arrangement is called:
A. | Separation of Functions | |
B. | Labor-saving Productivity | |
C. | Segregation of Duties | |
D. | Both Separation of Functions and Segregation of Duties | |
E. | Collusion |
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