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Topic: Business
Number of pages / Number of words: 1 / 274
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A fundamental element of internal control is the segregation of certain key duties. Segregation of duties consists of controls that represent the separation of incompatible business duties and/or responsibilities. Adequate segregation of duties reduces the likelihood that errors (intentional or unintentional) will remain undetected by providing for separate processing by different individuals at various stages of a transaction and for independent reviews of the work performed...


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A fundamental element of internal control is the segregation of certain key duties. Segregation of duties consists of controls that represent the separation of incompatible business duties and/or responsibilities. Adequate segregation of duties reduces the likelihood that errors (intentional or unintentional) will remain undetected by providing for separate processing by different individuals at various stages of a transaction and for independent reviews of the work performed...


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General points of the essay

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