A Consequence of the Separation of Duties Is That

question 92

Multiple Choice

A consequence of the separation of duties is that

• A)theft by employees becomes impossible.
• B)operations become extremely inefficient because of the 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:

Economizing Behavior

The process of seeking to achieve maximum utility for minimal expenditure, or making decisions that reflect an optimal allocation of resources.

Satisfaction

The feeling of pleasure or fulfillment that comes from meeting needs, desires, or expectations.

Least Cost

A principle or method aimed at minimizing the cost of achieving a specific production or economic objective.

Marginal Cost

The expense incurred from the manufacture of an additional single unit of a product or service.