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Commerce · Q260

Auditing

Graduate and Post Graduate · Commerce · question 260

Q260

Proper segregation of duties reduces the opportunities in which a person would both:

A.
Establish controls and executes them
B.
Records cash receipts and cash payments
C.
Perpetuate errors and frauds and conceals them
Answer
D.
Record the transaction in journal and ledger

Answer: Option C

Solution

Answer: Option C
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