Separation of Authorization of Transactions from Custody of Related Assets

question 161

True/False

Separation of authorization of transactions from custody of related assets is related to proper separation of duties.

---

Definitions:

Camera

A device used to capture images or videos, consisting of a lens and a body that records visual information on a medium or sensor.

Trespass to Chattels

A legal term referring to the intentional interference with someone else's personal property without permission.

Detinue

A legal action to recover possession of personal property wrongfully taken or retained.

Trespass to Land

The act of unlawfully entering, crossing, or remaining on someone's property without permission.