A Consequence of Separation of Duties Is That

question 113

Multiple Choice

A consequence of separation of duties is that

• A) theft by employees becomes impossible.
• B) operations become extremely inefficient because of constant training of employees.
• C) more employees will need to be bonded.
• D) theft is still possible when several employees are involved.

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Definitions:

Predecessor

An entity or person who held a position or role before the current holder.

Sherman Act

A landmark federal statute in the antitrust law of the United States, passed in 1890, that outlaws monopolistic business practices.

U.S. Corporations

Entities that are incorporated under the laws of a particular state in the United States, distinguished by having legal identities separate from their owners.

Trade Barriers

Measures imposed by governments or public authorities to regulate foreign trade and protect domestic industries from foreign competition.