Examlex
When drilling holes in wooden framing members, electricians often use a __________ drill to make drilling easier in the tight spaces they sometimes encounter between framing members.
Segregation of Duties
An internal control measure that involves dividing responsibilities among different people to reduce the risk of error or inappropriate actions in financial transactions.
Authorize and Pay
The process of approving financial transactions or disbursements and executing the payment accordingly.
Control Principle
An accounting principle that states the need for procedures and measures to regulate and ensure the accuracy of financial records.
Segregation of Duties
A key internal control mechanism that involves dividing responsibilities within an organization to reduce the risk of fraud or error.
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