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:

Warehouse Club

A membership-based retail store offering a wide variety of merchandise, often in bulk and at discounted prices.

Ultra-Low Prices

Pricing strategy that involves setting the price of products or services at a very low level to attract customers.

Online Retailing

The selling of goods and services through the internet, allowing customers to shop from anywhere at any time.

Nonstore Retailing

The selling of goods and services outside the confines of a traditional retail establishment, such as online shopping, catalog sales, and vending machines.