Separation of Duties Is Essential for Internal Control Over Cash

question 128

True/False

Separation of duties is essential for internal control over cash receipts and cash payments.

---

Definitions:

Giving Blood

The voluntary act of donating one's blood for transfusion to another person or for storage at a blood bank for future use.

Ajzen And Fishbein

Refers to the theorists who developed the Theory of Reasoned Action and the Theory of Planned Behavior, which are models used to predict how individuals' attitudes influence their behaviors.

Attitude Measure

Tools or methods used to assess individuals' attitudes or feelings towards a particular object, concept, or person.

Cognitive Dissonance

The psychological discomfort experienced when holding two or more conflicting cognitions (beliefs, attitudes, or values) simultaneously.