Remaining Time: 57 minutes, 01 second. Question Completion Status: QUESTION 11 Which of the following situations is not a segregation of duties violation? a. The purchasing department initiates purchases when the purchasing supervisor determines inventory levels are too low. b. All of these are segregation of duty violations. C. The sales manager has the responsibility to approve credit and the authority to write off accounts. d. The warehouse clerk, who has the custodial responsibility over inventory in the warehouse, keeps the official inventory records. QUESTION 12 Management can expect various benefits to follow from implementing a system of strong internal control. Which of the following benefits is least likely to occur? a. reduced cost of an external audit b. preventing employee collusion to commit fraud c. availability of reliable data for decision-making purposes d. some assurance that important documents and records are protected QUESTION 13 The bank reconciliation uncovered a transposition error in the books. This is an example of a a, corrective control b.detective control c. none of the above d. preventive control