Which of the following is the best reason to separate duties in a manual system?Select one:a.to enable the firm to function more efficientlyb.to ensure that supervision is not requiredc.to prevent the record keeper from authorizing transactionsd.to avoid collusion between the programmer and the computer operator

When duties cannot be segregated, the most important internal control procedure isSelect one:a.independent verificationb.supervisionc.accounting recordsd.access controls

A4) Which piece of legislation deals most specifically with Manual Handling at work?The Manual Handling Operations GuidelinesThe Manual Handling Operations RegulationsThe Manual Handling at Work ActThe Handling Loads Safely Act

Segregation of duties is a principle that applies to which sections of an organisation?Question 1AnswerSelect one:a.Accountants.b.Office staff who have to deal with money matters.c.Throughout the organisation including office staff, accountants and IT workers.d.Programmers and computer support staff, who could interfere with the accounting information systems.Clear my choice

Which of the following is an example of general controls?Question 3AnswerSelect one:a.segregation of duties between purchasing manager and purchasing clerkb.segregation of duties between programmers and database administratorsc.physical access to inventory storage roomd.both a and b are correct

Select the correct set of accounting functions that must be separated for effective segregation of duties.Select answer from the options belowPlanning, recording, monitoringData input, information output, database storageRecording, authorizing, monitoringRecording, authorizing, custody of assets