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The Functional Responsibilities Within an IT System Must Include the Proper

question 110

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The functional responsibilities within an IT system must include the proper segregation of duties.Which of the following positions is not one of the duties that is to be segregated from the others?


Definitions:

Stock Split

A corporate action that increases the number of a company's shares by issuing more shares to current shareholders, thus reducing the price per share.

Common Stock Dividend

A portion of a company's earnings distributed to shareholders of its common stock, typically in the form of cash or additional shares.

Common Shares Outstanding

The total number of shares of a company that are owned by shareholders, excluding shares owned by the company itself.

Treasury Stock

Shares previously counted among a company's outstanding shares but were later bought back by the business.

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