Segregation of Duties Is an Example of a COSO Control

question 35

True/False

Segregation of duties is an example of a COSO control activity.

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Definitions:

Lack of Funds

A situation where there is an insufficient amount of financial resources available to meet the demands or objectives of a project or entity.

Poor Business Concept

Refers to a business idea that lacks viability, market potential, or uniqueness, often leading to failure.