Which of the Following Is a Correct Statement Related to Segregation

question 6

Multiple Choice

Which of the following is a correct statement related to segregation of duties related to fixed assets?

• A)Custody of fixed assets is to be separate from the related record keeping
• B)Custody of fixed assets need not be separate from the purchasing of fixed assets
• C)The IT function of programming need not be separated from the accounting for fixed assets.
• D)All of the above are correct statements related to the segregation of duties.

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Definitions:

End of Project Pressure

The increased stress or urgency often experienced as a project approaches its deadline or closure.

Client's Frustration

Emotional dissatisfaction experienced by clients, often due to unmet expectations or perceived lack of progress or attention.

Mistrust

The lack of trust or confidence in something or someone, often arising from suspicions or negative experiences.

Desirable Principles

Fundamental values or ideals that are sought after for their intrinsic goodness and are considered beneficial for governance or conduct.