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Problem 8-2A (book/static) Part 1 of 4 HW Score: 36.85%, 29. 11 of 79 points O Points: 0 of 5 An employee of Ellerback Event

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Problem 8-2A (book/static) Part 1 of 4 HW Score: 36.85%, 29. 11 of 79 points O Points: 0 of 5 An employee of Ellerback Event Planning recently stole thousands of dollars of the company's cash The company has decided to install a new system of internal controls Required As controller of Elerback Event Planning wnte a memo to the owner Nick Flewelling explaining how a separation of duties helps to safeguard assets TO Nick Flewelling FROM Controller SUBJECT Separation of duties within the company helps to safeguard assets V personnel can manipulate the records to make their performance look better than it really is This can waste company assets Clear all Calculator Ask my instructor ENG FROM Controller SUBJECT. Separation of duties within the company helps to safeguard assets personnel Authorization of transactions should be separated from custody of those assets Custody of assets should be separated from accounting Duties should be separated within the accounting department Operations should be separated from accounting helps to safeguard assets personnel personnel can manipulate the Accounting Operations personnel can manipulate the records to make their performance look be accounting receiving shipping

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