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may someone help me? and please no solution fro the manuall solution thanks LIVUMI U ULPI. Explain how the principle of separation of duties is
may someone help me? and please no solution fro the manuall solution
LIVUMI U ULPI. Explain how the principle of separation of duties is violated in each of the following situations. Also, suggest one or more procedures to reduce the risk and exposure high- lighted in each example. c lubbed at the e. A cashier cashed a check from a customer in payment of an account receivable, pocketed the cash, and concealed the theft by properly posting the receipt to the cus- tomer's account in the accounts receivable ledger. ROL AND AUDIT OF ACCOUNTING INFORMATION SYSTEMS f. Several customers returned clothing purchases. Instead of putting the clothes into a return bin to be put back on the rack, a clerk put the clothing in a separate bin under some cleaning rags. After her shift, she transferred the clothes to a gym bag and took them home. g. A receiving clerk noticed that four cases of MP3 players were included in a ship- ment when only three were ordered. The clerk put the extra case aside and took it home after his shift ended. h. An insurance claims adjuster had check-signing authority of up to $6,000. The ad- juster created three businesses that billed the insurance company for work not per- formed on valid claims. The adjuster wrote and signed checks to pay for the invoices, none of which exceeded $6.000 thanks
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